Risky Business: What Every Teenager Needs to Know About Living Smart - Lesson Details
Activity 4.3 - How to Manage Risk
In this activity, students use case studies to explore the three approaches to dealing with risk: (1) Avoiding risk, (2) Reducing risk and (3) Sharing risk. The students act as risk-management consultants to the high school students portrayed in the cases.
Insurance, Managing risks, Types of insuranceNational Content Standards in Economics: