Students will be able to explain the importance of money management, spending credit, saving, and investing in a free market economy.
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Compare the advantages and disadvantages of different payment methods.
Describe the rights and responsibilities of buyers and sellers in a free market economy.
Demonstrate the use of the different types of accounts available from financial institutions, e.g., checking or savings accounts.
Students will identify sources of earned and unearned income, e.g., wages or investments.
Define and compare saving and investing.