<standards name='MO_PF'><title>Missouri Standards in Personal Finance</title><content><![CDATA[<font color='#333333'><p>These standards in personal finance are current as of <b>2005</b>. No Internet connection was detected. When you have an Internet connection, the application will automatically look for updated standards for your state.</p><br><p>View the <a href="asfunction:loadstandard,standards_mo_ve4.xml">State Standards in Economics</a>.</p><br><p>Visit the <a href='asfunction:gotoWebPage,http://ve.councilforeconed.org/library/state-standards.php?state=mo_pf'>web site</a> to learn more.</p><p>----------------------------------------------------------------</p><p class='contentarea'>Content Area: Personal Finance</p><p>----------------------------------------------------------------</p><p class='contentarea'>Standard: 1</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>INCOME </li><li><textformat leftmargin='15'>Identify components and sources of income. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147359|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT </li><li><textformat leftmargin='15'>Explain how limited personal financial resources affect the choices people make. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147362|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT </li><li><textformat leftmargin='15'>Compare the benefits and costs of alternatives in spending decisions. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147371|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Compare consumer choices for saving and investing. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147382|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 2</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>INCOME</li><li><textformat leftmargin='15'>Analyze how career choice, education, skills, and economic conditions affect income and goal attainment. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147360|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Interpret the opportunity costs of financial decisions. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147363|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Explain the relationship between saving and investing. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147383|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 3</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>INCOME</li><li><textformat leftmargin='15'>Relate taxes, government transfer payments, and employee benefits to disposable income. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147361|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Evaluate the consequences of personal financial decisions. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147364|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Compare the advantages and disadvantages of different payment methods. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147373|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Examine reasons for saving and investing, e.g., time value of money. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147384|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 4</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Apply a decision-making process to personal financial choices. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147365|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Analyze the benefits and cost of consumer credit.</textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147374|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Compare the risk, return, liquidity, manageability, and tax aspects of investment alternatives. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147385|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 5</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Summarize how inflation affects spending and saving decisions. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147366|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Compare sources of consumer credit (e.g., credit cards, consumer loans, auto loans, student loans). </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147375|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Demonstrate how to buy and sell investments. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147386|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 6</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Evaluate how insurance (e.g., auto, home, life, medical and long-term health) and other risk-management strategies protect against financial loss. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147367|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Evaluate the terms and conditions of credit cards and consumer loans. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147376|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Analyze factors affecting the rate of return on investments (e.g., Rule of 72, simple interest, compound interest). </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147387|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 7</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Design a financial plan (budget) for earning, spending, saving, and investing. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147368|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Evaluate factors that affect creditworthiness. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147377|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Evaluate sources of investment information. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147388|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 8</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Demonstrate how to use the services available from financial institutions. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147369|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Explain the purpose and components of credit records. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147378|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Examine how agencies that regulate financial markets protect investors. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147389|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 9</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>MONEY MANAGEMENT</li><li><textformat leftmargin='15'>Analyze the role of the Federal Reserve in controlling the money supply. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147370|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>9-12</p><br><li>SAVING AND INVESTING</li><li><textformat leftmargin='15'>Demonstrate how to evaluate advisors’ credentials and how to select professional advisors and their services. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147390|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 10</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Propose ways to avoid or correct credit problems. </textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147380|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Standard: 11</p><p>----------------------------------------------------------------</p><p class='contentarea'>9-12</p><br><li>SPENDING AND CREDIT</li><li><textformat leftmargin='15'>Describe the rights and responsibilities of buyers and sellers under consumer protection laws.</textformat></li><br><textformat leftmargin='25'><p><a href='asfunction:findLessonByStandard,147381|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br></font>]]>
</content>
<correlations>
<standard id='147359'>65743,60214,67858,56529,56530,17811,60316,62592,60215,17813,17812,60212,62224,68294,68295,68302,68305,68293,68287,67756,346,650,94,113,306,707,17,305,36,355,</standard>
<standard id='147362'>67668,67667,56534,60224,67669,67670,15423,68289,17798,20851,60317,20821,17796,15944,68139,67727,15427,62221,62220,67637,94,121,158,312,341,386,463,759,230,306,</standard>
<standard id='147371'>17811,62224,17812,17806,65743,17805,67667,17798,17796,67670,67669,67668,17818,60226,56530,56531,56529,20851,20852,56532,94,306,707,346,162,312,319,388,121,45,</standard>
<standard id='147382'>60254,62480,67738,15964,17837,67740,60213,62479,67749,60222,20829,60221,17830,60220,60223,60224,60226,17839,63120,62256,305,153,773,719,725,353,553,547,388,558,</standard>
<standard id='147360'>17809,20863,56531,62618,62177,56529,15429,56530,68142,60315,15952,67736,67764,68290,68292,17813,15964,60214,15951,62480,719,94,203,154,994,650,1011,312,773,725,</standard>
<standard id='147363'>56533,67670,67668,56532,20851,67667,17798,56534,17818,15424,15423,60226,68289,60224,67669,17795,17809,67746,15427,17814,759,463,386,341,312,158,121,630,94,764,</standard>
<standard id='147383'>60254,62480,67738,15964,17837,67740,60213,62479,67749,60222,20829,60221,17830,60220,60223,60224,60226,17839,63120,62256,305,153,773,719,725,353,553,547,388,558,</standard>
<standard id='147361'>65743,60214,67858,56529,56530,17811,60316,62592,60215,17813,17812,60212,62224,68294,68295,68302,68305,68293,68287,67756,346,650,94,113,306,707,17,305,36,355,</standard>
<standard id='147364'>20851,67667,67668,60224,17798,56532,60226,56534,56533,17795,67670,67669,17811,68289,17818,15424,15423,68057,17796,20821,94,121,312,346,386,707,759,463,306,341,</standard>
<standard id='147373'>17811,62224,17812,60214,56530,56529,67858,65743,17796,56532,17798,17795,56533,60224,56534,56531,15424,17806,17818,15423,94,346,306,707,162,312,319,388,691,121,</standard>
<standard id='147384'>60223,68300,20829,68297,17810,62144,17812,62273,62450,68287,15962,62516,68104,60212,65690,60254,68306,68308,60226,60225,175,84,570,388,847,36,603,37,547,346,</standard>
<standard id='147365'>17811,62224,17812,17806,65743,17805,67667,17798,17796,67670,67669,67668,17818,60226,56530,56531,56529,20851,20852,56532,94,306,707,346,162,312,319,388,121,45,</standard>
<standard id='147374'>62144,68300,17810,20829,68297,60226,60225,62516,68104,68111,68110,60234,15962,60222,17812,67851,62273,62276,67734,62606,26,175,84,388,36,37,603,847,570,45,</standard>
<standard id='147385'>60217,60223,60227,68104,62454,60218,60234,68110,60213,68307,68297,62144,67857,67738,68032,68109,62602,15960,68111,68106,479,533,264,543,553,505,371,335,131,253,</standard>
<standard id='147366'>68297,17810,60217,60223,68307,20829,62144,63120,68300,67738,62454,15962,60234,60218,68104,60227,60213,62512,68306,68107,36,847,175,570,388,37,84,698,603,275,</standard>
<standard id='147375'>62144,68300,17810,20829,68297,60226,60225,62516,68104,68111,68110,60234,15962,60222,17812,67851,62273,62276,67734,62606,26,175,84,388,36,37,603,847,570,45,</standard>
<standard id='147386'>60223,60215,67742,67857,68111,68110,60217,60222,62144,60254,60228,60224,15960,60253,67749,17830,60213,60216,62584,68109,371,479,505,335,333,131,253,292,771,334,</standard>
<standard id='147367'>65742,65740,68110,68296,65743,65741,65591,65592,65590,65589,65587,65588,65599,65593,65596,65595,65586,65597,65598,65594,354,312,185,190,186,188,184,189,181,128,</standard>
<standard id='147376'>62144,68300,17810,20829,68297,60226,60225,62516,68104,68111,68110,60234,15962,60222,17812,67851,62273,62276,67734,62606,26,175,84,388,36,37,603,847,570,45,</standard>
<standard id='147387'>20829,68297,68300,62144,20828,20825,60223,17810,68287,60225,60222,65690,17812,60212,68104,62273,15962,62516,60226,68306,388,84,570,37,36,175,847,603,121,353,</standard>
<standard id='147368'>65743,60214,67858,56529,56530,17811,60316,62592,60215,17813,17812,60212,62224,68294,68295,68302,68305,68293,68287,67756,346,650,94,113,306,707,17,305,36,355,</standard>
<standard id='147377'>62144,68300,17810,20829,68297,60226,60225,62516,68104,68111,68110,60234,15962,60222,17812,67851,62273,62276,67734,62606,26,175,84,388,36,37,603,847,570,45,</standard>
<standard id='147388'>68297,17810,60223,60217,56533,56534,56532,68104,17812,67738,60218,60226,68306,60225,60224,60227,60234,62450,62512,65740,388,773,543,175,847,719,707,725,346,121,</standard>
<standard id='147369'>15960,60253,68110,60254,68295,60224,60223,56533,56534,60215,60222,62584,60228,65690,65723,62454,68307,68308,68104,60232,84,348,691,367,700,391,542,566,335,292,</standard>
<standard id='147378'>62144,68300,17810,20829,68297,60226,60225,62516,68104,68111,68110,60234,15962,60222,17812,67851,62273,62276,67734,62606,26,175,84,388,36,37,603,847,570,45,</standard>
<standard id='147389'>60223,60215,67742,67857,68111,68110,60217,60222,62144,60254,60228,60224,15960,60253,67749,17830,60213,60216,62584,68109,371,479,505,335,333,131,253,292,771,334,</standard>
<standard id='147370'>68107,60232,15432,68111,60260,15963,17828,15962,68108,67762,67756,63118,17810,62256,17831,60233,65720,60228,65691,62602,36,990,698,1012,29,459,700,995,352,348,</standard>
<standard id='147390'>60223,60215,67742,67857,68111,68110,60217,60222,62144,60254,60228,60224,15960,60253,67749,17830,60213,60216,62584,68109,371,479,505,335,333,131,253,292,771,334,</standard>
<standard id='147380'>17812,68302,68295,68305,60214,17811,65743,67858,56530,56529,60234,60226,60215,17813,60212,62224,68287,68293,68294,68141,346,162,45,36,388,121,707,113,17,94,</standard>
<standard id='147381'>68035,68036,68033,67669,68041,67733,68037,67755,68040,17818,15955,15953,60261,15954,60258,67667,60230,67670,60257,60316,759,306,542,522,355,694,632,459,773,748,</standard>
</correlations>
</standards>