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Lesson One: Making Decisions

Student Materials: Page 5 of 5
Economic Influences On Decision-Making

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Before you make a decision about money, what do you need to know about our economy?

  • consumer prices
     

  • inflation
     

  • consumer spending
     

  • interest rates
     

  • unemployment rate
     

  • ?
     

You don't have enough money to buy a CD player you want. Should you cash the birthday check that your grandmother gave you? Your parents want you to put that check into a savings account. What economic conditions should you think about before you make this decision?


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