(Optional) Analyze ways the economy affects families and families affect the economy.
Analysis should include
- ways the economy affects family goals
- strategies to manage economic resources
- effects of local, state, and national economic policies
- effects of family spending decisions on the economy.
Process/Skill Questions:
Thinking
- How does the economy affect families and their goals?
- What are strategies families can devise to manage their economic resources?
- How do family spending decisions affect the economy?
Communication
- How can family members successfully express their suggestions or concerns about the economy?
- How can families pull together during recessions?
- How do people find the information they need to make sound economic choices?
- What questions should be asked to clarify economic issues?
- How do families communicate their economic needs, wants, and choices to business and industry?
Leadership
- How can family members get involved to influence the decisions made on the local, state, and national economy?
- What leadership skills can families use to get through tough economic times?
- What factors might determine the way families make economic choices?
- How does the economy affect a family’s choices regarding political leaders?
- How do leadership skills help families adjust to changing economic realities?
Management
- What information is needed for families to successfully implement a sound economic plan?
- How can families protect themselves against economic losses?
- What sources of assistance exist for families who lack economic resources?
- What management skills help families pursue their economic goals?