Unit 1 Setting Goals and Expectations Review

What is the primary focus for Real Life Financial Mathematics (RLFM)?

• Providing a superficial knowledge of finances
• Helping you achieve your personal goals and values
• Teaching you how to spend money foolishly
• Focusing on interests and hobbies

What is the significance of "Forest Thinking" in RLFM?

• it is a random strategy for problem solving
• It's a way to avoid critical thinking
• It's a framework for understanding the big picture and making informed decisions.
• it's a method for quick decision-making

Why is visualization a valuable tool for goal setting?

• It's a waste of time
• It doesn't work
• It can help you improve your performance and achieve your goals
• It's only useful for athletes

Which of the following best describes the difference between critical thinking (Forest Thinking) and problem-solving (Tree Thinking)?

• Critical thinking focuses on finding a solution to a problem, while problem-solving focuses on understanding the root cause.
• Critical thinking focuses on understanding the root cause of a problem, while problem-solving focuses on finding a solution.
• Both critical thinking and problem-solving focus on finding a solution to a problem.
• Both critical thinking and problem-solving focus on understanding the root cause of a problem.

Which of the following skills are valued by employers, according to the information provided?

• Critical thinking, problem-solving, and technical skills
• Communication, adaptability, and teamwork
• Technical skills, problem-solving, and teamwork
• Critical thinking, communication, and adaptability

Based on the information provided, why is it important to develop both critical thinking and problem-solving skills?

• To be prepared for the future job market
• To avoid being replaced by artificial intelligence
• To understand complex problems
• All of the above

Which of the following is NOT a common type of postsecondary education (PSE)?

• Bachelor's Degree
• Certificate
• High School Diploma
• Associate's Degree

What is the primary benefit of obtaining a postsecondary education (PSE)?

• Increased job opportunities
• Higher earning potentional
• Improved critical thinking skills
• All of the above

What is the primary driver of social mobility, as discussed in the lesson?

• Wealth
• Family connections
• Luck
• Education

Complete the following sentence by filling in the blank: The 5W&H questions are essential for effective communication and customer service. They include: Who, What, When, Where, ____________, and How.