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Understanding Your Role as a Consumer and Citizen: Impact on Standard of Living

Explore the concept of standard of living and how it reflects the quality of life in a country. This discussion delves into the relationship between career choices and the future standard of living, including the types of cars that symbolize various living standards. Additionally, we will examine how essential consumer spending—on food, clothing, and shelter—affects lifestyle. Your responsibilities as a citizen in a free enterprise system, such as voting, paying taxes, and obeying the law, also play a crucial role in shaping society.

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Understanding Your Role as a Consumer and Citizen: Impact on Standard of Living

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  1. POB Obj 1.02 Your Role as a Consumer and Citizen

  2. Standard of Living A measure of how well people in a country live; the quality and quantity of wants and needs that are satisfied; it is the way you live as measured by what you can afford; determined by your choice of career.

  3. What kinds of cars represent different standards of living among people?

  4. Ask yourself:How might your career choice affect your future standard of living?

  5. The car I desire will represent what kind of standard of living?

  6. The greatest proportion of consumer income is spent on: Food Clothing Shelter

  7. Your Role As A Citizen In A Free Enterprise System Voting Paying Taxes Obeying the Law

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