Decision-Making

Component: Money & Decision Making | Grade Level: Grade 7-8

Learning Targets:

Targets for knowledge, skills, and behaviours below are possible targets. It is not expected that all will be covered by a single Teaching Unit. Teachers can select their learning targets using the Teaching Units provided (to the right), adaptations of these Teaching Units, or Units/Lesson Plans they develop on their own.

KNOW:

  • The importance of clearly defining the problem, opportunity, or challenge before trying to make a decision
  • Steps to take in making a good decision
  • Common money decisions people face
  • How money can be used to help others
  • Thinking about the future, as well as today, is important when making decisions
  • How to protect personal information and to be very careful sharing it with others – especially online

BE ABLE TO:

  • Identify the best alternative when making a money decision
  • Use a decision-making process to make key decisions

ACTION/BEHAVIOUR:

  • Apply decision-making skills when making key decisions
  • Compare the opportunity cost before making key money decisions
  • Consider the possible impact of their decisions on others
  • Think about the future consequences of decisions made today

Teaching Unit:

Decision-Making

We all make many decisions every day. But often people have never been taught how to go about making decisions. Decision-making is an important skill – and can be taught.

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