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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.

Visuals & Activities

Concepts

  • Benefit
  • Cost
  • Credit
  • Debt
  • Interest

Standards in Economics and Personal Finance

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