I.  Bellwork Provide two reasons why someone would use credit. List at least 3 examples of things people buy on credit. II.  Objectives: Examine the history of credit in the U.S. Explain the advantages and disadvantages of credit Determine the meaning of words and phrases relating to credit III.   Discussion/Notebook Tree Maps: Advantages &  Disadvantages […]

I.  Bellwork A.  Malak has a $250 deductible for limited collision and $100 deductible for comprehensive. Malak’s slides off the road and hits a parked car. The damage to the parked car is $8,500. Which insurance coverage is responsible for covering the accident How much does the insurance company pay? B.  Ali has a $250 […]

I.  Bellwork A.  No-fault auto plan revised  – Questions  & Answers According to the article, why are legislators attempting to reform the no-fault auto regulations? Explain what the draft legislation is attempting to do. How many states have no-fault auto insurance regulations? Does it appear the legislation will be successful? Explain what you believe should […]

I.  Bellwork A.  Hana has $250 deductible for collision and $500 deductible for comprehensive. She hits a deer which causes $2000 in damage. Which type of insurance covers the accident? How much does the insurance company pay? B.  You have broad collision insurance with a $500 deductible. You are involved in an accident is which […]

I.  Bellwork A) Nabil has a vehicle registered in Michigan an is driving in Ohio. He runs off the road and hits a fence causing $12,000 in damage. Which coverage under no-fault insurance is responsible for the claim? How much is covered? Explain B) Raneem drives her car into the side of a business causing […]

I.  Bellwork -Question &  Answer For auto insurance, what is meant by deductible? Explain what 20/40/10 means for Residual Liability Insurance? II.  Objectives: Content OBJ: examine the components of no-fault insurance coverage. Lang OBJ: read the details of no-fault insurance coverage and evaluate different scenarios to decide what is covered under a typical policy. III.  […]

I.  Bellwork – Why do you need auto insurance? Explain how much does car insurance cost on average for a high school student? II.  Objectives: Content OBJ: determining the meaning of various forms of auto insurance coverage discuss and the Michigan auto insurance coverage requirements for auto insurance Lang OBJ utilize internet resources to identify […]

I.  Bellwork – A) If everyone had to pay an infrastructure tax of $500, would the tax be progressive, regressive, or proportional? B) If Mark makes $12,000 and pays $1,200 in tax, Adam makes $30,000 and pays $3,000 in tax, and Jacob makes $95,000 and pays $9,500 in taxes, would the tax be progressive, regressive, […]

I.  Bellwork –   Take Tax Review on iLearn II.  Objectives Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors. Demonstrate understanding of  visual information by restating, paraphrasing,  critiquing the entrepreneurs products and the deals offered by investors on Shark Tank. III.  Notebook […]

I.  Bellwork: A.  Tax holidays Link 1) In what month do most states offer Sales Tax Holidays? 2) According to the lists, What 4 items are often most  included in the tax holidays? II.  Objective: Given various scenarios distinguish between progressive, regressive, and proportional taxes Identify and classify taxes as progressive, regressive, and proportional according […]