Why Are Your Favorite Stores Closing? The Retail Collapse Explained Lesson

Students learn a lesson about why major retailers like Joann Fabrics, Bed Bath & Beyond, and Sears are closing, how debt and online shopping are changing the way businesses operate, and what store closures mean for consumers and the economy. They explore how these changes impact small businesses, job opportunities, and local communities while discussing ways brick-and-mortar stores can adapt to survive in a digital world.

CONCEPTS

Use this video lesson to explore how political and economic decisions impact businesses, consumer behavior, and the future of retail. Learn basic related concepts of

  • Personal Finance & Consumer Awareness
  • Economic Factors Affecting Businesses
  • Career Planning & Workforce Trends
  • Financial Literacy & Spending Habits
  • Impact of Debt & Bankruptcy
  • Retail Industry & Market Trends
  • Effects of Technology on Employment
  • Online Shopping vs. Brick-and-Mortar Stores

GRADE LEVEL

Grades 9-12 (High School) and Adult Education.

TIME REQUIRED

30-45 minutes, adjustable based on student needs and interests. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Why Are Your Favorite Stores Closing? The Retail Collapse Explained!

After watching the video, ask students to summarize the main points made in the video. Encourage students to highlight key concepts and discuss them in small groups before sharing with the class.

 

Lesson Plan: Why Are Your Favorite Stores Closing? The Retail Collapse Explained!

Grade Level: High School / College

Subject: Economics, Business, Consumer Trends

Lesson Duration: 60-75 minutes

Lesson Objectives:

  • Understand the key factors contributing to major retail store closures.
  • Analyze the impact of e-commerce, debt, and economic conditions on brick-and-mortar stores.
  • Discuss how these closures affect local economies, employment, and consumer behavior.
  • Evaluate potential solutions or adaptations for traditional retailers.

Materials Needed:

  • Video: “Why Are Your Favorite Stores Closing? The Retail Collapse Explained!”
  • Whiteboard or projector for discussion notes
  • Printed worksheets (optional)
  • Internet access for research activity

Lesson Outline:

1. Warm-Up Discussion (10 minutes)

  • Ask students: “Have you noticed any major stores closing near you? How did it impact your shopping habits?”
  • Write responses on the board and categorize them (economic impact, convenience, nostalgia, etc.).

2. Video Viewing (10 minutes)

  • Play the video: “Why Are Your Favorite Stores Closing? The Retail Collapse Explained!”
  • Ask students to take notes on key points that stand out to them.

3. Guided Discussion (15 minutes)

  • What were the main reasons for store closures mentioned in the video?
  • How has online shopping changed the way people buy products?
  • What are some of the economic consequences of widespread store closures?
  • Do you think physical stores will ever completely disappear? Why or why not?
  • What strategies could retailers use to survive in the digital age?

4. Group Activity – Retailer Survival Challenge (20 minutes)

  • Divide students into small groups.
  • Each group represents a struggling retailer (e.g., Macy’s, Joann Fabrics, or Party City).
  • Task: Create a survival strategy for their assigned retailer.
  • Groups must present their ideas, explaining how they would adapt to changing shopping habits.

5. Quiz Assessment (10 minutes)

  • Administer a short quiz based on the video.
  • Sample questions:
    • What are the biggest factors causing retail closures?
    • How does debt contribute to a store shutting down?
    • What are some advantages of e-commerce over physical stores?
    • What could businesses do to compete with online shopping?

6. Wrap-Up Discussion (10 minutes)

  • Have students reflect on the discussion and activities.
  • Ask: “What do you think the future of retail looks like in 10 years?”
  • Encourage them to think about their own shopping habits and how they may change.

Homework/Extended Activity:

  • Research a company that successfully transitioned from brick-and-mortar to online shopping (e.g., Best Buy, Target, or Walmart).
  • Write a short summary on how they adapted and whether it was successful.

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Gulf of America? Why Trump Wants to Rename the Gulf of Mexico Lesson

Students learn about President-elect Donald Trump’s proposal to rename the Gulf of Mexico to the Gulf of America and its potential political, cultural, and economic impacts. They explore the controversy surrounding this idea, including its historical context and implications for shared identities and industries. By examining the Gulf’s vital role in fishing, oil, and shipping industries, students gain insight into how such changes could reshape diplomacy, economics, and cultural ties. This discussion also highlights the challenges of a name change, from navigating international agreements to preserving historical significance, and considers how these proposals reflect efforts to redefine America’s global influence.

CONCEPTS

Use this video lesson on political and economic decision making. Learn basic related concepts of

  • Decision Making
  • Economic Impacts
  • Financial Responsibility
  • Risk Management
  • Economic Decision Making
  • Resource Allocation
  • Understanding Opportunity Cost
  • Impact of External Factors

GRADE LEVEL

Grades 9-12 (High School) and Adult Education.

TIME REQUIRED

30-45 minutes, adjustable based on student needs and interests. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Gulf of America? Why Trump Wants to Rename the Gulf of Mexico

After watching the video, ask students to summarize the main points made in the video. Encourage students to highlight key concepts and discuss them in small groups before sharing with the class.

 

Lesson Plan: Gulf of America? Why Trump Wants to Rename the Gulf of Mexico

 

Objective:

  • Understand the historical, economic, and cultural significance of the Gulf of Mexico.
  • Analyze the potential impacts of renaming the Gulf of Mexico from multiple perspectives (historical, political, and international).
  • Engage students in critical thinking and debate about the implications of such a change.
  • Reinforce key concepts through activities and a quiz.

Materials Needed:

  • Video: “Gulf of America? Why Trump Wants to Rename the Gulf of Mexico”
  • Projector or computer for video playback
  • Printed handouts with discussion questions
  • Whiteboard or flip chart for brainstorming activities
  • Quiz sheets or online quiz platform

Lesson Plan:

1. Introduction (10 minutes)

  • Briefly introduce the topic of renaming geographical landmarks and its potential implications.
  • Pose an opening question: “What do names mean to you, and why do they matter?”
  • Provide background on the Gulf of Mexico and its importance to the U.S., Mexico, and Cuba.

2. Video Screening (10 minutes)

  • Play the video “Gulf of America? Why Trump Wants to Rename the Gulf of Mexico.”
  • Ask students to take notes on key points during the video, focusing on historical, economic, and political aspects.

3. Group Discussion (15 minutes)

  • Divide the class into small groups and provide discussion prompts:
    • Why is the Gulf of Mexico historically significant to the U.S., Mexico, and Cuba?
    • What are the potential economic impacts of renaming the Gulf?
    • How might this proposal affect international relations?
    • Do you think renaming the Gulf reflects American identity, or does it disregard shared history?
  • Groups will share their answers with the class, and a facilitator will summarize key points on the whiteboard.

4. Activity: Debate (20 minutes)

  • Divide the class into two teams: one supporting the renaming and one opposing it.
  • Provide time for teams to prepare their arguments based on the video and discussion.
  • Conduct a structured debate where each side presents their case and responds to counterarguments.
  • Conclude with a class vote on the issue and a reflection on the debate process.

5. Wrap-Up Discussion (5 minutes)

  • Ask reflective questions:
    • What surprised you most about this topic?
    • What do you think this debate reveals about the importance of history and identity in naming landmarks?
  • Summarize the lesson and highlight the key takeaways.

6. Quiz (10 minutes)

  • Provide students with a short quiz based on the video and discussion.

Homework Assignment:

  • Research another example of a geographical landmark being renamed and write a one-page analysis of its effects.
  • Students will present their findings in the next class session.

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Money Market Accounts Explained: Beginner’s Guide How They Work Lesson

Students learn a lesson about money market accounts, including how they work, their benefits over traditional savings accounts, and why they’re a smart savings option. They explore the flexibility, higher interest rates, and secure savings these accounts offer, along with tips for maximizing interest, understanding transaction limits, and avoiding fees. Whether saving for emergencies or short-term goals, students gain insights to determine if a money market account aligns with their financial needs.

CONCEPTS

Use this video lesson on money market accounts and how they work. Learn basic related concepts of

  • Interest Rates
  • Account Accessibility
  • Emergency Funds
  • Financial Decision-Making
  • Savings and Investments
  • Comparing Accounts
  • Risk Management
  • Financial Goals
  • Financial Planning
  • Saving Strategies
  • Banking Options
  • Evaluating Fees

GRADE LEVEL

9-12th grades. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Money Market Accounts Explained: Beginner’s Guide How They Work

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: Money Market Accounts Explained

 

Grade Level/Audience: High School Students / Financial Literacy Classes

Duration: 60 minutes

Objective:

  • Students will understand what a money market account (MMA) is and how it works.
  • Students will compare MMAs to other financial tools like savings accounts and certificates of deposit (CDs).
  • Students will identify the benefits, limitations, and scenarios where an MMA might be suitable.

Materials Needed:

  • Video: “Money Market Accounts Explained”
  • Whiteboard or chart paper
  • Handouts (comparison table and quiz)
  • Internet access (optional)

Lesson Plan:

  • 1. Introduction (10 Minutes)

    • Begin with a discussion: “What do you currently know about savings accounts, checking accounts, and interest rates?”
    • Introduce the concept of a Money Market Account (MMA) as a hybrid savings-checking account.
    • Provide context: “We’ll watch a video explaining MMAs and compare them to other financial tools.”

  • 2. Video Viewing (10 Minutes)

    • Play the video: “Money Market Accounts Explained.”
    • Ask students to take notes on the following key points:
      • What is an MMA?
      • How does it compare to checking and savings accounts?
      • What are the benefits and drawbacks?

  • 3. Group Discussion (10 Minutes)

    • Facilitate a class discussion using the following questions:
      • What is the main benefit of a money market account?
      • Why do you think banks can offer higher interest rates on MMAs?
      • How is an MMA different from a traditional savings account?
      • When might an MMA not be the right financial tool for someone?

  • 4. Activity: Financial Tool Comparison Chart (15 Minutes)

    • Divide students into small groups.
    • Have students create a chart with columns “Savings Account,” “Checking Account,” “CD,” and “Money Market Account.”
    • Instruct each group to:
      • List at least 3 benefits and drawbacks for each type of account.
      • Identify situations where each account might be the best option.
    • Ask groups to share their findings with the class.

  • 5. Quiz: Money Market Account Knowledge (10 Minutes)

    • Administer a short quiz based on the video.
    • Review answers as a class to reinforce key concepts.

  • 6. Wrap-Up and Reflection (5 Minutes)

    • Pose the reflection question: “Do you think a money market account would be a good tool for you or your family? Why or why not?”
    • Encourage students to research MMAs offered by different banks and compare rates and fees as homework.

Extensions:

  • Research and Presentation: Students can explore interest rates of MMAs at various banks and present findings.
  • Real-World Application: Ask students to create a savings plan incorporating an MMA for an emergency fund.

Assessment:

  • Participation in group discussions and activities.
  • Completion of the comparison chart.
  • Performance on the quiz.

Key Takeaway:

  • Money market accounts offer a great balance between earning interest and accessing your money, making them a valuable tool for financial planning.

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Trump’s Tariffs Explained: Will Prices go Up?

Students learn a lesson on how tariffs can impact their everyday expenses, exploring how taxes on imports influence the cost of goods and affect consumer choices. They examine how tariffs work, why they’re implemented, and the potential effects on personal budgets and household finances. Through real-world examples and discussions, students gain insight into the broader economic impacts of tariffs, enhancing their understanding of consumer rights and financial decision-making.

CONCEPTS

Use this video lesson on tariffs and the economy. Learn basic related concepts of

  • Budgeting
  • Consumer Rights
  • Economic Impacts
  • Price Increases
  • Decision Making
  • Financial Planning
  • Cost of Living
  • Consumer Choices
  • Income and Careers
  • Credit and Debt
  • Risk Management
  • Saving and Investing

GRADE LEVEL

9-12th grades. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Trump’s Tariffs Explained: Will Prices go Up?

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: Trump’s Tariffs Explained: Will Prices Go Up?

 

Grade Level: High School (Grades 9-12) / Introductory Economics Class

Duration: 60 minutes

Lesson Objectives:

  • Understand the concept of tariffs and their potential impact on consumer prices.
  • Analyze why tariffs are implemented and how they affect both domestic and foreign markets.
  • Discuss the broader economic implications of tariffs, including potential trade wars and effects on household budgets.
  • Engage in critical thinking through real-world examples and discussion.

Materials Needed:

  • Video: “Trump’s Tariffs Explained: Will Prices Go Up?”
  • Projector or screen for video viewing
  • Printed copies of the Discussion Questions and Activity Instructions
  • Whiteboard or chart paper and markers for group activity
  • Quiz based on the video content (to be administered separately)

Lesson Outline:

1. Introduction to Tariffs (10 minutes)

  • Start with a brief explanation of tariffs. Ask the class if they’ve heard the term before and what they think it means.
  • Introduce the main topics covered in the video: what tariffs are, why they’re applied, and their effect on prices and the economy.
  • Provide a quick summary of the lesson objectives so students know what to expect from today’s lesson.

2. Video Viewing: “Trump’s Tariffs Explained: Will Prices Go Up?” (15 minutes)

  • Play the video for the class. Encourage students to take notes on key concepts, examples, and any questions that come up during the video.

3. Discussion Questions (15 minutes)

Divide students into small groups and ask them to discuss the following questions. After 10 minutes, have each group share their answers with the class.

  • What are tariffs, and why might a government choose to implement them?
  • How do tariffs impact the prices of goods for consumers?
  • Can you think of examples where higher prices on imported goods might affect your household budget?
  • What are some possible positive effects of tariffs on a country’s economy? What are some negative effects?
  • How could tariffs lead to a “trade war”? What impact might that have on global economies?
  • Do you think tariffs are an effective way to protect American jobs? Why or why not?

4. Group Activity: The Tariff Impact on Consumer Goods (15 minutes)

In this activity, students will work in groups to explore how tariffs could impact the price of specific items.

  • Assign each group one product category impacted by tariffs, such as electronics, clothing, cars, or food ingredients.
  • Ask each group to brainstorm how a 20% tariff on that product might affect its price for consumers and businesses. Consider questions like:
    • How much more might consumers pay?
    • Will this impact low- and middle-income families differently than high-income families?
    • Could this encourage consumers to buy similar products made domestically?
    • Would the businesses importing these items lose sales if prices increased? Why or why not?
  • Have each group present their findings to the class. Write down key points on the whiteboard to illustrate the variety of impacts tariffs can have.

5. Wrap-Up and Review (5 minutes)

  • Recap the key points discussed during the lesson:
    • Tariffs are taxes on imports and can lead to higher consumer prices.
    • They are often used to encourage domestic purchases and protect local jobs, but they can have wide-reaching economic effects.
    • Tariffs can lead to international trade disputes, sometimes escalating into trade wars.
  • Emphasize that while tariffs aim to protect certain sectors, they can also increase costs for consumers and businesses.
  • Encourage students to reflect on how global trade policies affect everyday life in subtle yet impactful ways.

6. Homework Assignment

Assign the students a brief reflection to be completed as homework:

  • Write a short paragraph on whether you think tariffs are a good or bad idea, supporting your view with points discussed in class.

7. Quiz

  • Administer a quiz based on the video content to assess understanding.
  • Sample questions could include:
    • What is a tariff, and who pays it?
    • How might tariffs impact the prices of goods in stores?
    • What are some reasons a government might decide to implement tariffs?
    • Explain how tariffs can lead to a trade war.
    • Discuss one positive and one negative effect of tariffs on the U.S. economy.

Optional Extension Activity:

  • Have students research recent tariffs applied by the U.S. on any product and write a short report on its economic impact.
  • Encourage students to examine consumer reactions, price changes, and effects on U.S.-based companies.

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Invest Smarter with Dollar Cost Averaging! Simple Beginners Lesson

Students learn a lesson on Dollar Cost Averaging (DCA), an effective investment strategy that makes investing in stocks, mutual funds, ETFs, and index funds like the S&P 500 easier and less stressful. They discover how DCA helps them invest consistently by spreading out their investments over time, reducing risk, and avoiding the need to time the market perfectly.

Students will understand how DCA can be used to navigate market ups and downs, whether they’re investing in index funds, individual stocks, or a mix of ETFs and mutual funds. Through real-life examples, they’ll see how this strategy can potentially lower costs over time and help them build wealth steadily. By the end of the lesson, students will know how to apply DCA to their own financial plans and make informed investment decisions to reach their financial goals, all while minimizing stress and simplifying the investment process.

CONCEPTS

Use this video lesson on investing. Learn basic related concepts of

  • Investing Basics
  • Investment Strategies
  • Risk Management
  • Financial Planning
  • Saving and Investing
  • Financial Decision Making
  • Long-term Planning
  • Market Understanding
  • Saving for Goals
  • Wealth Building

GRADE LEVEL

9-12th grades. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Invest Smarter with Dollar Cost Averaging! Simple Beginners Guide

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: Invest Smarter with Dollar Cost Averaging

Objective:

  • Understand the concept of Dollar Cost Averaging (DCA).
  • Learn how DCA can reduce investment risk and simplify investing.
  • Identify different investment vehicles such as stocks, ETFs, and mutual funds.
  • Develop practical skills to apply DCA in personal investment strategies.

Materials Needed:

  • Video: “Invest Smarter with Dollar Cost Averaging!”
  • Projector or screen for video presentation.
  • Printed copies of the DCA worksheet (provided below).
  • Access to an online quiz platform or printed quiz sheets.

Lesson Duration:

  • Total Time: 60-75 minutes
  • Video Viewing: 10-15 minutes
  • Discussion and Activities: 30-40 minutes
  • Quiz and Review: 20 minutes

Lesson Structure:

1. Introduction (10 minutes)

  • Begin by asking students if they have ever invested or considered investing in stocks, mutual funds, or ETFs.
  • Discuss common concerns about investing, such as market timing and risk.
  • Introduce the concept of Dollar Cost Averaging (DCA) as a strategy to mitigate these concerns.

2. Video Viewing (10-15 minutes)

  • Play the video “Invest Smarter with Dollar Cost Averaging!” for the class.
  • Encourage students to take notes on key points, such as how DCA works, examples provided, and the benefits of using DCA in different market conditions.

3. Guided Discussion (15 minutes)

  • Open the floor for a discussion about the video content.
  • Use the following questions to guide the conversation:
    • What is Dollar Cost Averaging (DCA), and how does it work?
    • Why might DCA be a preferred strategy over trying to time the market?
    • What are the benefits and drawbacks of using DCA in volatile markets?
    • How can DCA be applied to different investment vehicles like stocks, ETFs, and mutual funds?
    • How does DCA promote consistent saving and investing habits?

4. Group Activity: DCA Simulation (15 minutes)

  • Divide the class into small groups and provide each group with a “DCA Simulation Worksheet” (see below).
  • Each group will simulate investing $1,200 over 12 months using DCA in a fictional stock market with varying prices.
  • At the end of the simulation, groups will calculate the average price per share they paid and compare it to a hypothetical lump-sum investment made at the start of the year.
  • Have each group present their findings and discuss how DCA affected their investment outcome.

5. Individual Reflection (5 minutes)

  • Ask students to write a brief reflection on how they could personally use DCA in their own investment strategies.
  • Encourage them to think about what types of investments (stocks, ETFs, mutual funds) they would choose and why.

6. Quiz (20 minutes)

  • Provide students with a quiz based on the video and the concepts discussed in class.

7. Review and Wrap-Up (5-10 minutes)

  • Go over the quiz answers as a class and address any remaining questions.
  • Summarize the key takeaways of the lesson:
    • DCA helps mitigate the risks of investing in volatile markets.
    • It’s a practical strategy for beginners and long-term investors.
    • DCA promotes consistent investing habits and financial discipline.
  • Encourage students to explore more about DCA and other investment strategies on their own.

Homework/Extension Activity:

  • Ask students to research a mutual fund or ETF they are interested in and create a DCA investment plan for it over a period of 6 months.
  • Students should present their investment plans in the next class, explaining their choice of fund, the potential risks and benefits, and how DCA would be applied.

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How the Job Market Slowdown, Unemployment, and Rate Cuts Impact You

Students learn how the recent hiring slowdown, unemployment, and interest rate cuts could impact their job prospects and financial future. Discover what these economic changes mean for loans, wages, and career planning.

In today’s lesson, students will explore the connection between the hiring slowdown and the Federal Reserve’s interest rate cuts. They will understand how these changes affect job opportunities, loan rates, and personal finances. Students will discover how lower interest rates can lead to savings, whether they are considering a mortgage or car loan, and how slower hiring trends might influence their career paths. This lesson is essential for those who want to stay informed about job market trends, financial planning, and how economic shifts affect everyday decisions. It offers practical tips for navigating uncertain times and protecting one’s financial future.

CONCEPTS

Use this video lesson on jobs and the economy. Learn basic related concepts of

  • Interest Rates
  • Job Market Trends
  • Loan Management
  • Financial Decision-Making
  • Income and Employment
  • Credit and Loans
  • Financial Planning
  • Managing Risk
  • Saving and Investing

GRADE LEVEL

6-12th grades. Middle School. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

How the Job Market Slowdown, Unemployment, and Rate Cuts Impact You

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: How the Job Market Slowdown, Unemployment, and Rate Cuts Impact You

Objective:
By the end of this lesson, students will understand the relationship between the job market slowdown, unemployment, and Federal Reserve rate cuts. They will be able to explain how these factors affect the broader economy and personal financial decisions. Students will also apply these concepts to real-world scenarios.

Materials:

  • Video: “How the Job Market Slowdown, Unemployment, and Rate Cuts Impact You”
  • Projector or screen for video playback
  • Whiteboard and markers
  • Handouts with discussion questions and activities
  • Quiz based on the video

Lesson Duration: 1 hour

Introduction (10 minutes)

  • Start by asking students what they know about the current job market and interest rates. Write their answers on the board.
  • Introduce the topic by explaining how economic factors like unemployment, hiring slowdowns, and Federal Reserve rate cuts impact both the economy and individuals.
  • Explain that today, they will watch a video that breaks down these complex ideas in a way that relates to their everyday lives.
  • Briefly describe what the students should expect from the video, emphasizing key concepts like rate cuts, job market trends, and their real-world impact.

Video Viewing (15 minutes)

  • Play the video: “How the Job Market Slowdown, Unemployment, and Rate Cuts Impact You.”
  • Encourage students to take notes on key points during the video, especially focusing on how each factor affects them personally (e.g., job hunting, loans, savings, etc.).

Discussion (15 minutes)

Group Discussion Questions:

  • How does a hiring slowdown impact the economy in general? Can you think of specific industries that might be more affected than others?
  • What are interest rates, and how do they affect personal decisions like buying a home or taking out a loan?
  • What does the Federal Reserve do, and why is it important for them to manage interest rates carefully?
  • Why do you think it’s important to stay informed about changes in the job market and interest rates?
  • Can you think of a situation in your life where a change in interest rates would impact your decisions? How would you react?

Classroom Activities (15 minutes)

Activity 1: Economic Scenarios (10 minutes)

  • Break the class into small groups and assign each group a real-world scenario where they must use the information from the video to decide how they would respond.
  • Scenario Examples:
    • You’re planning to buy a car and interest rates have just been cut. How does this change your plan?
    • Your company is considering expansion, but hiring has slowed down across your industry. How do you advise your boss on the next steps?
    • You’re a college graduate entering the job market, and hiring has decreased by 20%. How do you navigate this challenging environment?
  • Each group will present their scenario and solution to the class. Encourage discussions on whether other groups agree or have alternative solutions.

Activity 2: Personal Finance Checkup (5 minutes)

  • Ask students to take a moment to reflect on their own financial situation.
  • Have them write down three financial decisions they are likely to make in the next few years (e.g., buying a car, paying off debt, starting a business).
  • Then, ask them to consider how interest rate changes or a job market slowdown might affect those decisions. Ask for volunteers to share their answers with the class.

Quiz (10 minutes)

  • Hand out a quiz that covers key points from the video.

Wrap-Up and Homework (5 minutes)

  • Summarize the key points from the video and the activities. Reinforce how important it is to stay informed about economic trends.
  • Assign homework: Students must find a recent news article about the job market or interest rates and write a short summary on how it might affect their personal life or career plans.

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Back to School Shopping on a Budget Lesson

Students learn a lesson in how to save money on back-to-school shopping with smart tips and strategies. They will discover how to make school preparation affordable and stress-free, from creating budget-friendly shopping lists to finding the best deals on school supplies.

In this lesson, students will learn essential tips for saving money on back-to-school shopping, including how to find the best deals, use student discounts, and create a cost-effective shopping list. They will explore smart strategies like buying in bulk, taking advantage of sales tax holidays, and considering refurbished electronics. Whether they are looking to cut costs on school supplies or manage their back-to-school budget more effectively, this lesson offers practical, easy-to-follow advice that will help them shop smarter, save more, and keep their expenses under control. This lesson is perfect for helping students maximize their back-to-school shopping without breaking the bank.

CONCEPTS

Use this video lesson on budgeting for school supplies. Learn basic related concepts of

  • Saving Money
  • Price Comparison
  • Smart Shopping
  • Money Management
  • Planning and Budgeting
  • Financial Responsibility
  • Decision Making
  • Consumer Skills

GRADE LEVEL

6-12th grades. Middle School. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Back to School Shopping on a Budget

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: Back to School Shopping on a Budget

Objective:

Students will learn practical strategies for saving money during back-to-school shopping, understand the importance of budgeting, and develop skills to plan and manage expenses effectively.

Materials Needed:

  • Video: “Back to School Shopping on a Budget”
  • Projector or screen for video presentation
  • Whiteboard and markers
  • Notebooks or worksheets for activities
  • Internet-enabled devices for online research
  • Quiz based on the video content

Lesson Duration:

  • Total Time: 90 minutes
  • Video Presentation: 10 minutes
  • Discussion: 20 minutes
  • Activity 1: Budget Planning Exercise: 20 minutes
  • Activity 2: Price Comparison Exercise: 20 minutes
  • Quiz: 15 minutes
  • Wrap-up: 5 minutes

Lesson Outline:

1. Introduction (5 minutes)

  • Briefly introduce the topic of back-to-school shopping and its financial impact on families.
  • Ask students if they or their families have ever struggled with back-to-school shopping expenses.
  • Introduce the video “Back to School Shopping on a Budget” and explain that it will provide helpful tips for saving money.

2. Video Presentation (10 minutes)

  • Show the video “Back to School Shopping on a Budget” to the class.
  • Encourage students to take notes on key tips and strategies mentioned in the video.

3. Discussion (20 minutes)

  • Lead a class discussion on the key points from the video.
  • Discussion Questions:
    • What strategies from the video do you think would be the most effective for your family?
    • How can planning ahead help reduce back-to-school shopping costs?
    • Why is it important to stick to a shopping list?
    • What are some advantages of buying in bulk?
    • How can students take advantage of sales tax holidays and student discounts?
    • What are the benefits of considering refurbished or gently used items?
  • Encourage students to share personal experiences and any additional tips they might have for saving money on school supplies.

4. Activity 1: Budget Planning Exercise (20 minutes)

  • Divide the students into small groups.
  • Provide each group with a hypothetical budget for back-to-school shopping.
  • Ask each group to create a detailed shopping list and allocate the budget accordingly.
  • Students should consider all the tips from the video, such as planning ahead, sticking to a list, and finding deals.
  • Each group will present their budget plan to the class.
  • Discuss the different strategies each group used to stay within their budget.

5. Activity 2: Price Comparison Exercise (20 minutes)

  • Ask students to select a few common back-to-school items (e.g., notebooks, backpacks, laptops).
  • Have students research prices for these items online from different retailers.
  • Students will compare the prices and note any opportunities for price matching or student discounts.
  • Encourage students to use browser shopping tool extensions to find additional deals or coupons.
  • Students will share their findings with the class, highlighting the best deals they found.

6. Quiz (15 minutes)

  • Administer a quiz based on the video content to assess students’ understanding of the material.
  • Questions should cover key tips for saving money, the importance of planning, and strategies like price matching and using student discounts.

7. Wrap-up (5 minutes)

  • Summarize the key points discussed in the lesson.
  • Encourage students to apply the tips and strategies learned in their own back-to-school shopping.
  • Assign a short reflective writing assignment for homework: “How will you use what you’ve learned today to help your family save money on back-to-school shopping?”
  • Remind students to discuss these strategies with their parents or guardians at home.

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Sales Tax Explained: How it Impacts your Purchases Lesson

Students learn a lesson about sales tax and how it impacts their daily purchases. They discover why sales tax is important, how it’s calculated, and tips to save money.

In this guide, students understand how sales tax affects their everyday purchases, why it’s crucial, and how it funds public services like schools and parks. They also learn how sales tax rates vary by location, which items might be exempt, and how online shopping is taxed. Additionally, they see how sales tax influences businesses and consumers, along with strategies to save money and make smart shopping decisions. This comprehensive guide simplifies everything students need to know about sales tax, from the basics to practical insights.

CONCEPTS

Use this video lesson on sales tax. Learn basic related concepts of

  • Public Services Funding
  • Tax Exemptions
  • Online Shopping Taxes
  • Taxation
  • Consumer Choices
  • Financial Responsibility
  • Income and Spending
  • Sales Tax Calculations
  • Online Shopping Impact
  • Regressive Tax Implications

GRADE LEVEL

6-12th grades. Middle School. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Sales Tax Explained: How it Impacts your Purchases

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: Sales Tax Explained

Objective:

  • To understand what sales tax is and how it impacts consumer purchases.
  • To recognize the role of sales tax in funding public services.
  • To explore how sales tax rates vary by location and item.
  • To discuss the implications of sales tax on different socioeconomic groups and business decisions.

Materials Needed:

  • Video: “Sales Tax Explained: How it Impacts your Purchases | Beginners Guide”
  • Projector or TV for video presentation
  • Handouts with discussion questions and activities
  • Quiz based on the video content

Lesson Structure:

1. Introduction (10 minutes)

  • Begin with a brief discussion on what students already know about taxes in general.
  • Introduce the concept of sales tax and its significance.
  • Explain the objective of the lesson.

2. Video Presentation (15 minutes)

  • Show the video: “Sales Tax Explained: How it Impacts your Purchases | Beginners Guide”

3. Discussion (20 minutes)

  • Divide students into small groups to discuss the following questions:
    • What is sales tax and why do we have it?
    • How does sales tax affect the total cost of an item?
    • Where does the money collected from sales tax go?
    • Why do different states and cities have different sales tax rates?
    • What items are often exempt from sales tax and why?
    • How does sales tax impact online shopping?
    • Discuss the concept of “sin taxes” and their purpose.
    • How can sales tax be considered regressive?
    • What strategies can consumers use to manage the impact of sales tax?
  • Reconvene as a class and have each group share their key points.

4. Activities (20 minutes)

  • Activity 1: Sales Tax Calculation
    • Provide students with a list of items with their prices.
    • Ask students to calculate the total cost including sales tax for each item, using different sales tax rates.
    • Discuss the results and the impact of different tax rates on the total cost.
  • Activity 2: Research and Presentation
    • Assign students to research the sales tax rates in different states and localities.
    • Have them present their findings to the class, highlighting the differences and possible reasons for those differences.
  • Activity 3: Debate
    • Organize a debate on the topic: “Is sales tax a fair way to fund public services?”
    • Divide the class into two teams, one supporting the argument and the other opposing it.
    • Allow each team time to prepare their arguments before starting the debate.

5. Quiz (15 minutes)

  • Administer a quiz based on the video content to assess students’ understanding.

6. Conclusion (10 minutes)

  • Summarize the key points discussed during the lesson.
  • Reiterate the importance of understanding sales tax and its implications.
  • Answer any remaining questions from the students.
  • Assign a homework activity: Ask students to track and report the sales tax on their next few purchases, noting the differences in tax rates if they shop in different locations.

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Homeowners Insurance Explained: Beginner’s Guide to Coverage, Cost, and Benefits Lesson

Students learn a lesson about the essentials of homeowners insurance, including its importance and what it covers. Get practical tips for choosing the right home insurance policy and filing a claim to protect your home and belongings. Homeowners Insurance 101.

In this discussion, students will learn all about homeowners insurance, including what it is, why you need it, and what it covers. Discover the importance of dwelling coverage, personal property coverage, and liability coverage. Get tips for choosing the right policy, understanding exclusions, and how to file a claim. Some of the largest and most reputable insurance companies include State Farm, Allstate, USAA, Liberty Mutual, Farmers Insurance, Nationwide, American Family Insurance, Chubb, Travelers, and Progressive. This guide is relevant for homeowners in California, Florida, Texas, New York, and other states. It will help you protect your home, belongings, and finances, ensuring you have the peace of mind every homeowner needs.

CONCEPTS

Use this video lesson on homeowners insurance. Learn basic related concepts of

  • Liability Coverage
  • Property Coverage
  • Choosing Policies
  • Risk Management
  • Financial Responsibility
  • Insurance Basics
  • Making Informed Decisions

GRADE LEVEL

9-12th grades. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Homeowners Insurance Explained: A Beginner’s Guide to Coverage, Cost, and Benefits

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: What is Inflation?

Lesson Plan: Home Insurance Explained

Objective:

  • Understand the importance of homeowners insurance
  • Identify the key components of a homeowners insurance policy
  • Learn tips for choosing the right homeowners insurance policy
  • Discuss common exclusions and additional coverage options
  • Understand the process of making a claim

Materials Needed:

  • Video: “Home Insurance Explained”
  • Projector or screen for video viewing
  • Whiteboard and markers
  • Handouts with key points from the video
  • Quiz based on the video content

Lesson Duration:

  • Introduction: 10 minutes
  • Video Viewing: 15 minutes
  • Discussion: 20 minutes
  • Activity: 20 minutes
  • Quiz: 15 minutes
  • Total: 1 hour 20 minutes

Introduction (10 minutes):

  • Begin by discussing the concept of homeowners insurance and its relevance.
  • Explain the objectives of the lesson.
  • Introduce the video and what students should look out for during viewing.

Video Viewing (15 minutes):

  • Play the video “Home Insurance Explained”.
  • Encourage students to take notes on key points and questions they may have.

Discussion (20 minutes):

  • Ask students to share their thoughts and questions about the video.
  • Facilitate a discussion on the following questions:
    • What is homeowners insurance and why is it important?
    • What are the main components of a homeowners insurance policy?
    • Why do mortgage lenders require homeowners insurance?
    • What are some tips for choosing the right policy?
    • What are common exclusions in a homeowners insurance policy?
    • How does the process of making a claim work?
  • Summarize the key points discussed and clarify any doubts.

Activity (20 minutes):

  • Divide the class into small groups.
  • Provide each group with a scenario where they need to evaluate and choose a homeowners insurance policy.
  • Scenarios can include different home values, locations, and potential risks.
  • Groups will discuss and decide on the best policy for their scenario, considering coverage, deductibles, and exclusions.
  • Each group will present their scenario and chosen policy to the class, explaining their reasoning.

Quiz (15 minutes):

  • Hand out the quiz based on the video content.
  • Allow students to complete the quiz individually.
  • Review the answers as a class and discuss any incorrect answers to ensure understanding.

Conclusion:

  • Recap the importance of homeowners insurance and the main points covered in the lesson.
  • Encourage students to review their own or their family’s homeowners insurance policies.
  • Answer any remaining questions and provide additional resources for further learning.

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Inflation Explained: How to Protect your Money Lesson

Students learn a lesson on what inflation is, why it happens, and how it impacts their finances. Discover practical tips to protect money from rising prices.

In this lesson, students will learn about what inflation is and how it affects the prices of goods and services. They will discover why inflation happens, how it’s measured, and its impact on daily life and finances. The lesson explains the causes of inflation, including demand, supply, and government actions. Students will also find out how inflation affects savings, investments, and debts, and get tips on how to stay ahead of rising prices. They will understand the role of governments and central banks in controlling inflation through interest rates and the Consumer Price Index (CPI), and learn practical strategies to protect their money.

CONCEPTS

Use this video lesson on the inflation. Learn basic related concepts of

  • Budgeting
  • Investing
  • Savings
  • Money Management
  • Financial Planning
  • Investment Strategies
  • Economic Understanding
  • Impact on Loans

GRADE LEVEL

7-12th grades. High School. Adult Education.

TIME REQUIRED

30-45 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students. More in-depth lesson plan below will be longer.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  For a more in-depth lesson, complete the lesson plan below.

Inflation Explained: How to Protect your Money | Simple Beginners Guide

After watching the video, ask students to summarize the main points made in the video.

 

Lesson Plan: What is Inflation?

 

Objective:

  • Understand the concept of inflation and its impact on the economy and daily life.
  • Learn the causes of inflation and how it is measured.
  • Identify ways to manage personal finances in the context of inflation.

Materials Needed:

  • Video: “What is Inflation?”
  • Projector or screen to show the video
  • Handouts of discussion questions
  • Activity worksheets
  • Quiz on inflation

Lesson Duration:

  • Total Time: 60 minutes
  • Video Presentation: 10 minutes
  • Discussion: 20 minutes
  • Activities: 20 minutes
  • Quiz: 10 minutes

Lesson Outline:

1. Introduction (5 minutes)

  • Briefly introduce the topic of inflation.
  • Explain the objectives of the lesson.
  • Ask students if they have ever noticed the prices of goods and services increasing over time.

2. Video Presentation (10 minutes)

  • Play the video “What is Inflation?”
  • Ask students to take notes on key points while watching the video.

3. Discussion (20 minutes)

  • Divide the students into small groups and provide each group with discussion questions.
  • Discussion Questions:
    • What is inflation and how does it affect the purchasing power of money?
    • What are the main causes of inflation mentioned in the video?
    • How is inflation measured and what is the Consumer Price Index (CPI)?
    • How can inflation impact people differently depending on their income or investments?
    • What are some strategies to protect oneself from inflation?
  • After group discussions, have each group share their insights with the class.

4. Activities (20 minutes)

  • Activity 1: Inflation Impact Analysis
    • Provide students with a list of common goods and services (e.g., groceries, movie tickets, gas).
    • Ask them to research and compare current prices with prices from 10 years ago.
    • Have students calculate the percentage increase for each item.
    • Discuss how these price changes affect their daily lives and spending habits.
  • Activity 2: Budget Adjustment for Inflation
    • Give students a sample monthly budget.
    • Ask them to adjust the budget to account for a hypothetical 5% inflation rate.
    • Have them discuss how they would prioritize their spending and what changes they would make.

5. Quiz (10 minutes)

  • Distribute a quiz based on the video and discussion.
  • Collect quizzes and review the answers with the class.

6. Conclusion (5 minutes)

  • Summarize the key points discussed in the lesson.
  • Encourage students to stay informed about economic news and its impact on their personal finances.
  • Answer any remaining questions from the students.

Extension Activity:

  • Ask students to write a short essay on how they plan to manage their finances in an inflationary environment.
  • Encourage them to include strategies discussed in the lesson and their personal reflections.

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