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Page 18 text:
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14 PARDEEV1LLE HIGH SCHOOL HIGH SCHOOL AUDITORIUM PUBLIC LIBRARY
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Page 17 text:
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PARDEEVILLE HIGH SCHOOL 13 on and the individual. We live in a world in which production and consump- tion are major activities. The nature of production and consumption is large- ly determined by the economic system about which these activities are car- ried on. {Bookkeeping All students know that sooner or later they will be required to earn a liv- ing, but, in most cases, they do not know how they will do this. Students are therefore interested in the following values of bookkeeping knowledge: (a) Personal and social values, (b) Economic values, (c) Educational val- ues, and (d) Vocational values. Personal and social values are derived from a knowledge of records for in- dividual, family, and community use, and for budgetary control. If the stu- dent understands that bookkeeping knowledge will be of value to him in his family and community life, he will be more interested in bookkeeping than he would be if the subject were presented to him only for its vocational val- ue. As a future citizen he will be required to bear his burden of taxes, there- fore, it is quite evident that a large majority of students will be interested in the record-keeping by a farmer, a merchant, a professional man, and a bus- iness employee. When bookkeeping is presented only for its vocational val- ue, the student may fail to recognize that it does have these economic values. The educational values of bookkeeping knowledge include guidance, con- sumer education, and vocabulary building. All young men and women should have something of a business vocabulary whether he or she will ever be employed in business or not. As to vocational value, beginning bookkeeping teaches the principles of bookkeeping and applies them to record-keeping.
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