Introduction to Business—Fourth MP

Tom Benton
Davison High School
Davison, Michigan

Unit

#11 Understanding Credit

Your Name:

Objectives:

Know advantages and disadvantages of credit

Name the places where you can get credit

List 3 main types of charge accounts

Identify the different types of credit cards

Possible points for this unit: 5 days = 110 points

C Level: no more than 80 points

	Bell Ringer promptly finished (1 pt each) M T W T F
	Listen to lecture & take notes each day (5 pt each) 16 17 18 19 20
	Complete “What is Credit,” page 183 & 184 in workbook (10 points)
	Develop a list of 10 advantages of credit, and another list of 10 disadvantages of credit (10 points)
	Complete review questions 1-3, page 408 and 1-4 page 413. Write in complete sentences, and be prepared to answer questions. (10 points)
	Develop a PowerPoint poster targeted to teens about how to avoid going into debt and credit card abuse (10 points)
	Interview your parents/guardians on the their opinions of teen credit card use, ask at least 5 question approved by Mr. Benton(10 points)
	Professional Conduct: -5 -3 -1	10

B Level: no more than 20 points

	Complete “Sources of Consumer Credit, page 185 from workbook (10 points)
	Complete “Credit Card Ads,” page 186-187 from workbook (10 points)
	Research and find the average debt that college graduates have after 4 years of college. Type report and cite sources. (10 points)

A Level: no more than 10 points

	Go to usatoday.com, click on Young and IN DEBT; copy the article, highlight key points, and type a 1-page summary (10 points)
	Develop a poster that highlights at least 6 ways to use credit wisely (10 points)

This sheet must be complete by end of class on Friday, April 20th.