Foodforthought

.pdf
School
Del Campo High School**We aren't endorsed by this school
Course
MATHEMATICS 11TH
Subject
Marketing
Date
Dec 18, 2024
Pages
2
Uploaded by SuperFreedomPigeon52
FOUNDATIONS in PERSONAL FINANCECHAPTER 8ACTIVITYOBJECTIVEThe purpose of this activity is for students to compare name brands to generic brands when shopping. It also allows students to assess the difference in price when buying generic brands.Teacher DirectionsHand out student activity sheet. This assignment can be done individually or in groups.If possible, send students to different stores. If generic items can’t be located, have students write down the other brand name of the item found.Make sure students total the columns at the bottom of their page to calculate their total savings.As a class, discuss several of the items and compare which stores had the lowest prices (if different stores were visited). Assign different stores for different students.Next, take the total savings—which will represent a week’s worth of grocery shopping—and multiply the amount by 4 (a month’s savings) and invest for 40 years at 12% to see how much of your retirement you are eating by purchasing only name brand items.Activity ExtensionDiscuss how “unit price labels” work and how to use the labels to identify the best buy on grocery items.Food for Thought
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FOUNDATIONS in PERSONAL FINANCEName____________________________Date_____________________________CHAPTER 8STUDENT ACTIVITY SHEETFOOD FOR THOUGHTGo to a store in your area to “price shop” for the items listed on the mock grocery list. Compare the name brand with generic prices by listing them in the columns. (Some items might not have generic so compare it to a different brand.)ITEM NAMEMEASUREBRAND NAME / PRICEGENERIC NAME / PRICEMicrowave popcorn3 pack boxBread1 loafMilk (2%)1 gallonEggs / large1 dozenBacon1 poundPotatoes10 pound bagCanned tomatoes28 oz. canSugar5 pound bagCola2 literToothpaste7 oz. tubeChicken breast1 poundCornflakes12-14 oz. boxCheese24 slice packIce cream1/2 gallonTortilla chips8 oz. bagSalad dressing8 oz. jarToilet paper4 packTOTAL PRICEStore name and address: ________________________________________________________
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