4Teens as ConsumersTeens spend their money on goods (products made for sale) and services.Teens must recognize and evaluate influences to become a smart consumer.serviceWork performed for others.consumerA person who buys goods and services.4
5Buying Decisions Influences on buying decisions can include: habits. advertisements.endorsements.friends.family.trends.advertisementA message that persuades consumers to buy a product or service.endorseTo approve openly; to recommend.trendA temporary fashion or product; a current style or preference.
6AdvertisingThe media uses advertising to influence consumers by presenting goods and services in an attractive way.mediaA form of conveyance or expression; communication that advertisers use.
7AdvertisingAdvertisements can provide public service information or information on new products.Some ads try to persuade consumers to buy products based on the image or lifestyle they seem to represent.Think about an advertisement you saw recently. What image did it convey to try and persuade you to buy the product?
8AdvertisingEvaluate ads and get more information before making purchases.
9Section 11.2 Spending and Saving Basics Shopping skills, consumer rights and responsibilities, and money management help you spend and save wisely.
11Shopping Skills Recognize good values to help you save money. Resist impulse buying to avoid wasting money.You can buy from a variety of stores, or online and from catalogs.impulse buyingMaking a sudden decision to buy something one did not plan to purchase.11
12Shopping Skills Describe six different types of stores. Store DescriptionSell clothing, shoes, household items, and electronics. Often offer some services such as gift wrapping.Department storeSpecialty storeSells only a specific type of merchandise.Chain storeStore with several locations that sell the same merchandise.Usually sells only one manufacturer’s products; merchandise may have slight defects.Factory outletOffers a selection of items at low prices; includes membership warehouses and thrift stores.Discount store
13Shopping SkillsResearch products, read labels, and compare prices before you buy.Check for guarantees when considering a purchase.Generic products are often comparable to brand-name products.guaranteeA manufacturer’s written promise to repair or replace a product if it does not work as claimed.13
14Your Consumer Rights and Responsibilities Consumers have rights to protect them from false advertising and unsafe products.Consumers need to be courteous and honest when shopping and purchasing.14
15Your Consumer Rights and Responsibilities Shoplifting is a serious crime that affects all consumers and sellers.When returning a product:know the store’s policy.keep receipts.be ready to process your claim.shopliftingTaking items from a store without paying for them.15
16Money ManagementOne key to money management is to remember that your expenses must be less than your income.expensesThe goods and services on which one spends one’s money.incomeThe amount of money one earns or receives regularly.
17Money Management Examine your goals before you set up a budget. You can pay for purchases by check, layaway, debit card, and credit card.Credit cards must be used with care.budgetThe amount of money that is available for or assigned to a particular purpose; a plan for using one’s money.creditA method of payment allowing one to buy now and pay later.
18Chapter Summary Section 11.1 Be a Smart Consumer Teens spend their money to buy goods and services.As a consumer, you must decide what to buy, where to buy, and when to buy.An advertisement is a message that persuades consumers to buy a product or service.Family, friends, and the media influence your buying decisions.Before you decide to buy a service or product, analyze the advertising claims and get as much information as possible.18
19Spending and Saving Basics Chapter SummarySection 11.2Spending and Saving BasicsSkillful shoppers get the best value for their money.Today’s consumers have many shopping options.Consumers have rights and responsibilities.Be courteous, follow instructions, and get the information you need to be a responsible consumer.The key to managing your money is to save more than you spend.Set up a budget that includes a savings plan.19
20ReviewDo you remember the vocabulary terms from this chapter? Use the following slides to check your knowledge of the definitions.The slides in this section include both English and Spanish terms and definitions.Start
21A person who buys goods and services. consumerconsumidorA person who buys goods and services.Persona que compra bienes y servicios.Show Definition
22A message that persuades consumers to buy a product or service. advertisementanuncioA message that persuades consumers to buy a product or service.Mensaje que persuade a los consumidores a comprar un producto o servicio.Show Definition
23A temporary fashion or product; a current style or preference. trendtendenciaA temporary fashion or product; a current style or preference.Una moda o producto pasajero; un estilo o preferencia del momento.Show Definition
24medios de comunicación mediamedios de comunicaciónA form of conveyance or expression; communication that advertisers use.Una forma de transmitir o de expresar; comunicación que utilizan quienes trabajan en publicidad.Show Definition
25impulse buying compra impulsiva Making a sudden decision to buy something one did not plan to purchase.Tomar una decisión repentina de comprar algo que uno no tenía previsto comprar.Show Definition
26Evaluating similar items to check quality and price. comparison shoppingcomparar al comprarEvaluating similar items to check quality and price.Evaluación de artículos similares para comparar calidad y precio.Show Definition
27guaranteegarantíaA manufacturer’s written promise to repair or replace a product if it does not work as claimed.Promesa escrita del fabricante de un producto de repararlo o reemplazarlo si no funciona.Show Definition
28Taking items from a store without paying for them. shopliftinghurto en tiendaTaking items from a store without paying for them.Tomar artículos de una tienda sin pagar por ellos.Show Definition
29The amount of money one earns or receives regularly. incomeingresosThe amount of money one earns or receives regularly.La cantidad de dinero que uno gana o recibe con regularidad.Show Definition
30The goods and services on which one spends one’s money. expensesgastosThe goods and services on which one spends one’s money.Los productos y servicios en los que uno gasta su dinero.Show Definition
31budgetpresupuestoThe amount of money that is available for or assigned to a particular purpose; a plan for using one’s money.La cantidad de dinero que está disponible o es asignada a un fin particular; un plan para utilizar el dinero.Show Definition
32A method of payment allowing one to buy now and pay later. creditcréditoA method of payment allowing one to buy now and pay later.Un método de pago que permite comprar ahora y pagar después.Show Definition
33Work performed for others. Trabajo realizado para otras personas. serviceservicioWork performed for others.Trabajo realizado para otras personas.Show Definition
34To approve openly; to recommend. Aprobar abiertamente; recomendar. endorseapoyarTo approve openly; to recommend.Aprobar abiertamente; recomendar.Show Definition
35Products available to buy. Productos disponibles para comprar. merchandisemercancíaProducts available to buy.Productos disponibles para comprar.Show Definition
36To come to an end; to conclude. Llegar a su fin; acabar. expireexpirarTo come to an end; to conclude.Llegar a su fin; acabar.Show Definition