That $160 HP printer? HP would relatively lease it to you for $8 a month, however after a two-year subscription you’ll have spent $192, paid 20% greater than shopping for it outright, and nonetheless will not personal the printer. How did “possession” develop into a luxurious?
In Enterprise Insider’s Why Proudly owning Nothing is So Costly exercise, college students discover how a cost mannequin that began with newspapers and HBO has unfold to printers, mattresses, gaming PCs, and even options inside automobiles they “purchase.”
On this exercise, college students will:
- watch a video from Enterprise Insider’s So Costly collection
- determine the particular elements of manufacturing that influence a services or products’s worth
- reply just a few thought-provoking questions
Notice:
- Round 5:50 there’s some delicate swearing
- Between 10:58-13:35, the video touches on FTC rule making beneath the Biden and Trump administrations. Preview earlier than displaying if that could be a delicate matter in your classroom.
Study Extra
Use this useful resource with NGPF’s lesson, On-line Purchasing Pitfalls, discovered within the Full-12 months Course. Discover the Shopper Expertise Unit for extra sources!
About
the Writer
Sonia Dalal
Sonia has at all times been keen about instruction and enhancing college students’ studying experiences. She’s come a good distance since her days as a primary grader, when she would “train” music and browse to her very attentive stuffed animals after college. Since then, she has taught college students as a Okay-12 tutor, labored in a number of EdTech startups within the Bay Space, and accomplished her Ed.M in Schooling from the Harvard Graduate College of Schooling. She is keen about bringing the top quality private finance content material and instruction she wished she’d obtained at school to the subsequent era of scholars and educators. When she is not crafting lesson guides or working with academics, Sonia likes to spend her time singing, being outside, and adventuring with household and pals!
