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in this lesson, you will: - analyze current teen spending habits - exam…

Question

in this lesson, you will:

  • analyze current teen spending habits
  • examine their role as a consumer and their consumer decisions
  • explain how social media and influencers can impact a consumers spending decisions
  • identify steps a consumer can take to decrease the influence of social media on their spending decisions

resources\tquestions
discussion prompts
discuss these questions with your classmates or with a partner:\t1. what do you think it means to be a consumer?
\t2. review the definition of a consumer on the second slide. how does your definition compare to this one?

teen spending habits in 2021
while teens may not have the largest spending power in the united states when compared to other age groups, they still play a critical role as consumers. let’s take a look at how teens spend their money.
(be the article sections)\t1. introduction: how much does the average teenager spend per year? does this figure surprise you? why or why not?
\t2. what do teenagers buy?: what do most teens spend the majority of their money on?
\t3. teenage financial goals and expectations: what percent of teens

Explanation:

Brief Explanations

The problem focuses on analyzing teen spending habits, consumer roles, and the impact of social media on consumer decisions. These topics relate to understanding consumer behavior and financial aspects of consumers, which falls under the Business discipline, specifically the subfield of Marketing (as it deals with consumer behavior and spending decisions) or Finance (due to the financial aspects of spending). Among them, Marketing is more closely related as it emphasizes consumer behavior, influences on purchasing decisions, and market analysis related to consumer groups like teens.

Answer:

The subfield that best applies is Business - Marketing.