1. { Pinto or Porsche? Kathryn Gustafson Farmington High School

2. Can ANY American become prosperous? How do you perceive wealth?

3.  Scarcity  Opportunity Cost  Credit Cards  Minimum Wage  Social Mobility in America  Income Inequality Income  Strategies for wealth Key concepts

4. Content Standards  MDE- HIGH SCHOOL CONTENT EXPECTATIONS  E4 Personal Finance  4.1 Decision Making  Describe and demonstrate how the economic forces of scarcity and opportunity costs impact individual and household choices.  4.1.1 Scarcity and Opportunity Costs – Apply concepts of scarcity and opportunity costs to personal financial decision making.  4.1.2 Marginal Benefit and Cost – Use examples and case studies to explain and evaluate the impact of marginal benefit and marginal cost of an activity on choices and decisions.  4.1.3 Personal Finance Strategy – Develop a personal finance strategy for earning, spending, saving and investing resources.  4.1.4 Key Components of Personal Finance – Evaluate key components of personal finance including, money management, saving and investment, spending and credit, income, mortgages, retirement, investing (e.g., 401K, IRAs), and insurance.  4.1.5 Personal Decisions – Use a decision-making model (e.g., stating a problem, listing alternatives, establishing criteria, weighing options, making the decision, and evaluating the result) to evaluate the different aspects of personal finance including careers, savings and investing tools, and different forms of income generation.  4.1.6 Risk Management Plan – Develop a risk management plan that uses a combination of avoidance, reduction, retention, and transfer (insurance).  COMMON CORE STATE STANDARDS  Key Ideas and Details  CCSS.ELA-Literacy.RH.9-10.1 Cite specific textual evidence to support analysis of primary and secondary sources, attending to such features as the date and origin of the information.  CCSS.ELA-Literacy.RH.9-10.2 Determine the central ideas or information of a primary or secondary source; provide an accurate summary of how key events or ideas develop over the course of the text.  Craft and Structure  CCSS.ELA-Literacy.RH.9-10.4 Determine the meaning of words and phrases as they are used in a text, including vocabulary describing political, social, or economic aspects of history/social science.  CCSS.ELA-Literacy.RH.9-10.5 Analyze how a text uses structure to emphasize key points or advance an explanation or analysis.  Integration of Knowledge and Ideas  CCSS.ELA-Literacy.RH.9-10.7 Integrate quantitative or technical analysis (e.g., charts, research data) with qualitative analysis in print or digital text.  CCSS.ELA-Literacy.RH.9-10.9 Compare and contrast treatments of the same topic in several primary and secondary sources.  Range of Reading and Level of Text Complexity  CCSS.ELA-Literacy.RH.9-10.10 By the end of grade 10, read and comprehend history/social studies texts in the grades 9–10 text complexity band independently and proficiently.  CCSS.ELA-Literacy.WHST.9-10.2 Write informative/explanatory texts, including the narration of historical events, scientific procedures/ experiments, or technical processes.  CCSS.ELA-Literacy.WHST.9-10.2a Introduce a topic and organize ideas, concepts, and information to make important connections and distinctions; include formatting (e.g., headings), graphics (e.g., figures, tables), and multimedia when useful to aiding comprehension.  CCSS.ELA-Literacy.WHST.9-10.2b Develop the topic with well-chosen, relevant, and sufficient facts, extended definitions, concrete details, quotations, or other information and examples appropriate to the audience’s knowledge of the topic.  CCSS.ELA-Literacy.WHST.9-10.2c Use varied transitions and sentence structures to link the major sections of the text, create cohesion, and clarify the relationships among ideas and concepts.  CCSS.ELA-Literacy.WHST.9-10.2d Use precise language and domain-specific vocabulary to manage the complexity of the topic and convey a style appropriate to the discipline and context as well as to the expertise of likely readers.  CCSS.ELA-Literacy.WHST.9-10.2e Establish and maintain a formal style and objective tone while attending to the norms and conventions of the discipline in which they are writing.  CCSS.ELA-Literacy.WHST.9-10.2f Provide a concluding statement or section that follows from and supports the information or explanation presented (e.g., articulating implications or the significance of the topic).  Production and Distribution of Writing  CCSS.ELA-Literacy.WHST.9-10.4 Produce clear and coherent writing in which the development, organization, and style are appropriate to task, purpose, and audience.  CCSS.ELA-Literacy.WHST.9-10.5 Develop and strengthen writing as needed by planning, revising, editing, rewriting, or trying a new approach, focusing on addressing what is most significant for a specific purpose and audience.

5. { Set the stage! Atlas Background/ History Author’s voice Text format 7 Cures for a Lean Purse

6.  1) Save 10%  2) Make a spending plan  3) Invest  4) Invest wisely  5) Own your own home*  6) Prepare for the future – retirement and emergency  7) Invest in yourself- human capital 7 Cures

7. {{ Brochure Students Construct with a Theme Mini- Lessons/Applications

8. {{ Introduce the Rubric  Six + 1 Traits of Writing Introduce the Clients  Create your own  Enough to mix up Application Paper

9. { 2 prediction paragraphs Compare and Contrast Evaluate and apply 7 cures concepts 2 predictions Add intro/outro Chunk paper into smaller parts

10. Peer Edit and Publish   Class Website   EdModo   E Book   CreateSpace, Lulu.com, Smashwords, etc.

11. Return to Unit Question: Can ANY American become wealthy?