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Vocabulary
family budget estimatorminimum household budgetaverage hourly wagefamilybasic needsstudent's citylarge city
Skills
  • use (a family budget estimator) #dok2
  • determine (the minimum household budget for a family) #dok2
  • determine (the average hourly wage needed for a family) #dok2
  • analyze (household budgets for different cities) #dok3
  • compare (minimum household budgets and wages across cities) #dok3
Learning Targets
  • I can use a family budget estimator to find budget information for a specific city. #dok2
  • I can determine the minimum household budget needed for a family in my city or another large city. #dok2
  • I can determine the average hourly wage a family needs to meet its basic needs in a given city. #dok2
  • I can analyze how geographic location affects household budgets and hourly wage requirements. #dok3
Big Ideas
  • The cost of meeting basic family needs varies based on geographic location and wages.
  • Budget estimators help families plan financially by considering expenses and income specific to their circumstances.
Essential Questions
  • How does a family’s location affect its minimum household budget?
  • What expenses need to be considered when calculating a family’s basic needs?
  • How does a family budget estimator help determine the average hourly wage required?
  • What factors influence the minimum household budget and hourly wage needed in different cities?
  • Why is it important for families to understand their minimum budget and wage requirements?