Business and Marketing Education

●​ Explain why investors reduce risk by diversifying their portfolios : investors spread financial risks across various types of industries and investments ●​ Other types of investments, i.e., Commodities or precious metals, foreign currency, real estate, bonds, and mutual funds. END OF UNIT COMPETENCY WITH LANGUAGE EXPECTATIONS Standard 1 Money Management for Business or Individual ●​ I can identify different ways a business can get money, like loans, selling stock, or crowdfunding. ●​ I can explain what owner’s equity is and how it helps fund a business. ●​ I can describe different types of personal debt, such as student loans and credit cards. ●​ I can explain how interest works when borrowing money. ●​ I can calculate compound interest and understand how it helps savings grow over time. ●​ I can use the Rule of 72 to estimate how long it takes for an investment to double. ●​ I can explain the time value of money and why money today is worth more than the same amount in the future. ●​ I can describe the importance of checks and balances in handling money for businesses, like daily deposits and cashiering. Standard 2: Accounting ●​ I can describe what assets, liabilities, and owner’s equity are. ●​ I can calculate the owner’s equity using a balance sheet. ●​ I can explain what revenue and expenses are on an income statement. ●​ I can calculate net income by subtracting expenses from revenue. ●​ I can define liquidity and explain why it's important in business. Standard 3: Economics ●​ I can explain the difference between wants and needs. ●​ I can define and label a supply and demand graph. ●​ I can show where the equilibrium price and quantity are on a graph. ●​ I can describe what happens when there is a surplus or shortage. ●​ I can give examples of opportunity cost and explain how it impacts decision-making. ●​ I can identify trade-offs and explain what I gain and give up when making choices. ●​ I can define scarcity and understand that resources are limited. ●​ I can explain how incentives influence the choices people and businesses make. Standard 4: Investing Basics ●​ I can describe what stocks are and define shareholder, stock, and share. ●​ I can read a stock quote and explain terms like stock price, ticker symbol, and market cap. ●​ I can explain what the P/E ratio and dividend yield tell investors. ●​ I can identify the risks and rewards of investing in the stock market. ●​ I can explain why diversification helps reduce investment risk. ●​ I can compare different stock indices like the Dow Jones, S&P 500, and NASDAQ 100. ●​ I can name the two main American stock exchanges and describe how they differ. ●​ I can list different types of investments like real estate, bonds, mutual funds, or commodities.