Ryan Is on a Baseball Team with Other 8-Year-Olds in a Community

question 21

Essay

Ryan is on a baseball team with other 8-year-olds in a community league. On the first day of practice, Ryan's buddy hit the ball and threw his bat aside as he ran to first base. The coach reprimanded the player for throwing the bat and told him to sit on the bench for the rest of the practice. Ryan saw what happened to his buddy and determined that he would always drop the bat at his feet when he got a hit. How might Bandura describe Ryan's learning in this situation, and what label might he apply to Ryan's learning?

Understand the role and impact of financial institutions and policies on personal finance.

Understand the role and functions of the Federal Reserve System.

Identify the stages of the adult life and financial needs cycle.

Recognize the components of financial planning including obtaining, saving, sharing, protecting, and borrowing.