Taxes: Where Does Your Money Go?
Taxes: Where Does Your Money Go?
Description:
In this lesson, students learn what it means to be a smart consumer by engaging in a level-headed analysis of budget, opportunity costs and self-regulation. Students compare prices within a service field, and weigh the choices of spending money on that item, saving that money, or spending the money on something else. This exercise is a good opportunity to present basic economic concepts.
Education Levels:
9, 10, 11, 12
Subject:
Economics, United States Government
Resource Type:
Lesson plan
Fee Status:
Free
Online provider:
Educational Broadcasting Corporation
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