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Theme 4 Lesson 13:
Buddy, Can You Spare a Dime?
The students decide how they would respond to various lending situations. In assessing these situations, they learn about what to consider in decisions about lending and borrowing. They analyze, from a lender's point of view, what qualities or capacity a borrower must present to qualify for receiving a loan. These are qualities they may wish to develop in their own lives to improve their qualifications to borrow in the future.
Concepts
- Benefit
- Cost
- Credit
- Debt
- Interest
Standards in Economics and Personal Finance
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