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CEE_VE50 / _VE50DATA / data / standards / standards_mn_ve45.xml
@Christopher W. Olsen Christopher W. Olsen on 29 Jul 2019 49 KB Sync
<standards name='MN'><title>Minnesota Standards in Economics and Personal Finance</title><content><![CDATA[<font color='#333333'><p>These standards are current as of <b>2004</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>Visit the <a href='asfunction:gotoWebPage,http://ve.councilforeconed.org/library/state-standards.php?state=mn'>web site</a> to learn more.</p><p>----------------------------------------------------------------</p><p class='contentarea'>Content Area: Social Studies</p><p>----------------------------------------------------------------</p><p class='contentarea'>Standard: VI.</p><p>----------------------------------------------------------------</p><p class='contentarea'>GRADES K-3</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand that economic choices are necessary in life.</textformat></li><li><textformat leftmargin='30'>The student will identify the difference between basic needs (food, clothing, and shelter) and wants (things people would like to have).</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70087|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES K-3</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand that economic choices are necessary in life.</textformat></li><li><textformat leftmargin='30'>The student will explain that money can be used to buy goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70088|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES K-3</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand that economic choices are necessary in life.</textformat></li><li><textformat leftmargin='30'>Students will understand and explain that the concept of scarcity means that one cannot have all the goods and services that one wants.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141930|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES K-3</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand that economic choices are necessary in life.</textformat></li><li><textformat leftmargin='30'>Students will understand and explain that as producers they can earn money (income) that can be spent or saved as they choose.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141931|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES K-3</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand that economic choices are necessary in life.</textformat></li><li><textformat leftmargin='30'>Students will give examples of tradeoffs (opportunity costs).  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141932|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES K-3</p><br><li>Producers and Consumers</li><li><textformat leftmargin='15'>The student will understand the relationship between consumers and producers in regards to goods and services.</textformat></li><li><textformat leftmargin='30'>The student will distinguish between producers and consumers and between goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70089|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES K-3</p><br><li>Producers and Consumers</li><li><textformat leftmargin='15'>The student will understand the relationship between consumers and producers in regards to goods and services.</textformat></li><li><textformat leftmargin='30'>Students will recognize and explain that natural resources, human resources, and human-made resources are used in the production of goods and services. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141933|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Producers and Consumers</li><li><textformat leftmargin='15'>The student will understand the concept of interdependence in relation to producers and consumers.</textformat></li><li><textformat leftmargin='30'>The student will compare and contrast the roles of producers and consumers.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70097|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Producers and Consumers</li><li><textformat leftmargin='15'>The student will understand the concept of interdependence in relation to producers and consumers.</textformat></li><li><textformat leftmargin='30'>The student will explain that in market economies, individuals earn income by working for firms to produce goods and services, and firms incur costs by hiring individuals and earn revenue by selling goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70101|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Producers and Consumers</li><li><textformat leftmargin='15'>The student will understand the concept of interdependence in relation to producers and consumers.</textformat></li><li><textformat leftmargin='30'>The student will explain how a market economy answers the questions of what gets produced, how it is produced, and who receives it. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70102|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Producers and Consumers</li><li><textformat leftmargin='15'>The student will understand the concept of interdependence in relation to producers and consumers.</textformat></li><li><textformat leftmargin='30'>The student will explain that a market exists when consumers buy and producers sell goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70103|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Producers and Consumers</li><li><textformat leftmargin='15'>The student will understand the concept of interdependence in relation to producers and consumers.</textformat></li><li><textformat leftmargin='30'>The student will explain how the price of a good is determined by supply and demand (the interrelationship between production and consumption).</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141934|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand basic principles of economic decision making.</textformat></li><li><textformat leftmargin='30'>Students will understand the concept of scarcity and its role in decision-making.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141935|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand basic principles of economic decision making.</textformat></li><li><textformat leftmargin='30'>Students will apply a decision-making process to make informed choices.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141936|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>Economic Choices</li><li><textformat leftmargin='15'>The student will understand basic principles of economic decision making.</textformat></li><li><textformat leftmargin='30'>Students will analyze how people respond predictably to positive and negative economic incentives.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141937|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand that in a market economy income is earned in different ways.</textformat></li><li><textformat leftmargin='30'>The student will identify multiple forms of income and their sources.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70106|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand business organizations, market structures, and financial institutions that operate within our economy.</textformat></li><li><textformat leftmargin='30'>Students will identify and compare and contrast various industries and the occupations related to them.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141938|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand business organizations, market structures, and financial institutions that operate within our economy.</textformat></li><li><textformat leftmargin='30'>Students will compare and contrast the concepts of competition and monopoly and predict consequences of each.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141939|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand business organizations, market structures, and financial institutions that operate within our economy.</textformat></li><li><textformat leftmargin='30'>Students will describe various financial institutions and compare and contrast their roles, and explain how those institutions relate to their lives. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141940|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic activities of government.</textformat></li><li><textformat leftmargin='30'>The student will explain that the government pays for the goods and services it provides through taxing and borrowing.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70111|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic activities of government.</textformat></li><li><textformat leftmargin='30'>The student will explain how the government regulates economic activity to promote the public welfare, encourage competition, and protect against monopolistic abuses. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70112|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the concepts that measure the national economy.</textformat></li><li><textformat leftmargin='30'>The student will define and give examples of basic economic terms.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70113|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 4-8</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the concepts that measure the national economy.</textformat></li><li><textformat leftmargin='30'>The student will give examples of measurements that indicate the economic conditions of depression, recession, and expansion.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70114|false|true|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand that in a market economy income is earned in different ways.</textformat></li><li><textformat leftmargin='30'>Students will identify multiple forms of income and their sources  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141941|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand that in a market economy income is earned in different ways.</textformat></li><li><textformat leftmargin='30'>The student will recognize types and roles of firms. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70107|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand business organizations, market structures, and financial institutions that operate within our economy.</textformat></li><li><textformat leftmargin='30'>Students will identify and compare and contrast various industries and the occupations related to them.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141942|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand business organizations, market structures, and financial institutions that operate within our economy.</textformat></li><li><textformat leftmargin='30'>Students will compare and contrast the concepts of competition and monopoly, and predict consequences of each.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141943|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand business organizations, market structures, and financial institutions that operate within our economy.</textformat></li><li><textformat leftmargin='30'>Students will describe various financial institutions, compare and contrast their roles, and explain how those institutions relate to their lives.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141944|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the basic characteristics of markets and the role of prices in modern market economies.</textformat></li><li><textformat leftmargin='30'>The student will describe the determination of equilibrium market prices by applying principles of supply and demand to markets for goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70128|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the basic characteristics of markets and the role of prices in modern market economies.</textformat></li><li><textformat leftmargin='30'>The student will identify the direct and indirect effects of price floors and price ceilings.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70129|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the basic characteristics of markets and the role of prices in modern market economies.</textformat></li><li><textformat leftmargin='30'>The student will identify several factors that lead to variation in market prices and quantities exchanged by changes in supply and/or demand.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70130|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the basic characteristics of markets and the role of prices in modern market economies.</textformat></li><li><textformat leftmargin='30'>Students will explain how interest rates and exchange rates are influenced by market conditions and how changes in interest rates affect individual and business decision making.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141945|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand that firms in a market economy experience varying degrees of competition for the good or service that they sell.</textformat></li><li><textformat leftmargin='30'>The student will explain how competition among sellers often results in lower prices, higher product quality, better customer service and a more efficient allocation of scarce resources. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70132|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the risks and opportunities associated with entrepreneurship.</textformat></li><li><textformat leftmargin='30'>The student will explain that entrepreneurs accept the risks associated with organizing productive resources to produce goods and services, with the hope to earn profits.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70135|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the risks and opportunities associated with entrepreneurship.</textformat></li><li><textformat leftmargin='30'>The student will describe the role of innovation and profit motive in helping to reduce problems associated with scarcity.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70137|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic role of government in a free market economy.</textformat></li><li><textformat leftmargin='30'>The student will Identify that an important role for government in the economy is to secure and enforce property rights.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70138|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic role of government in a free market economy.</textformat></li><li><textformat leftmargin='30'>The student will identify and explain public goods. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70140|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic role of government in a free market economy.</textformat></li><li><textformat leftmargin='30'>The student will recognize that, in the United States, the federal government enforces antitrust laws and regulations to try to maintain effective levels of competition in as many markets as possible. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70141|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The Market Economy (Micro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic role of government in a free market economy.</textformat></li><li><textformat leftmargin='30'>The student will recognize that some government policies attempt to redistribute income. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70142|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic activities of government.</textformat></li><li><textformat leftmargin='30'>Students will explain that the government pays for the goods and services it provides through taxing and borrowing.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141948|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the economic activities of government.</textformat></li><li><textformat leftmargin='30'>Students will explain how the government regulates economic activity to promote the public welfare, encourage competition, and protect against monopolistic abuses.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141949|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the concepts that measure the national economy.</textformat></li><li><textformat leftmargin='30'>Students will define and give examples of basic economic terms.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141950|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the concepts that measure the national economy.</textformat></li><li><textformat leftmargin='30'>Students will give examples of measurements that indicate the economic conditions of depression, recession, and expansion. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141951|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand and explain that the United States' economy is primarily a free market system.</textformat></li><li><textformat leftmargin='30'>Students will understand and explain that free market economies are regulated primarily by supply and demand, and that competition is essential to a free market economy.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141952|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand basic measures of overall economic performance.</textformat></li><li><textformat leftmargin='30'>The student will analyze the interrelationship among the unemployment rate, the inflation rate, and the rate of economic growth.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70144|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand basic measures of overall economic performance.</textformat></li><li><textformat leftmargin='30'>The student will describe how the concept of the balance of trade is used to measure the international flow of goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70145|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will analyze the causes and consequences of overall economic fluctuations.</textformat></li><li><textformat leftmargin='30'>The student will describe the basic characteristics of economic recessions and economic expansions.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70146|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will analyze the causes and consequences of overall economic fluctuations.</textformat></li><li><textformat leftmargin='30'>The student will understand some of the reasons for fluctuations in economic activity. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70147|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the influence of federal government budgetary policy and the Federal Reserve System's monetary policy.</textformat></li><li><textformat leftmargin='30'>The student will Identify that fiscal policies are decisions to change spending and/or tax levels by the federal government. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70148|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the influence of federal government budgetary policy and the Federal Reserve System's monetary policy.</textformat></li><li><textformat leftmargin='30'>The student will explain the direct and indirect effects of fiscal policy on employment, output, and interest rates. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70149|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the influence of federal government budgetary policy and the Federal Reserve System's monetary policy.</textformat></li><li><textformat leftmargin='30'>The student will explain the relationship between federal budget deficits and the national debt. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70150|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the influence of federal government budgetary policy and the Federal Reserve System's monetary policy.</textformat></li><li><textformat leftmargin='30'>The student will identify the ways in which monetary policy influences employment, output, inflation, and interest rates.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70152|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand the influence of federal government budgetary policy and the Federal Reserve System's monetary policy.</textformat></li><li><textformat leftmargin='30'>Students will explain how interest rates influence business investment spending and consumer spending on housing, cars, and other major purchases.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141953|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand that economic growth is the primary means by which a country can improve the future economic standard of living for its citizens.</textformat></li><li><textformat leftmargin='30'>The student will explain that Gross Domestic Product (GDP) per capita is a measure that permits comparisons of material living standards over time and among people in different nations. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70154|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand that economic growth is the primary means by which a country can improve the future economic standard of living for its citizens.</textformat></li><li><textformat leftmargin='30'>The student will identify that the productivity of workers is measured by dividing the output of goods and services by the number of hours worked.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70155|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand that economic growth is the primary means by which a country can improve the future economic standard of living for its citizens.</textformat></li><li><textformat leftmargin='30'>The student will recognize that standards of living increase as the productivity of workers rises. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70156|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>The National Economy (Macro Economics)</li><li><textformat leftmargin='15'>The student will understand that economic growth is the primary means by which a country can improve the future economic standard of living for its citizens.</textformat></li><li><textformat leftmargin='30'>The student will Understand that investments in physical capital (machinery, equipment, and structures), human capital (education, training, skills), and new technologies commonly increase productivity and contribute to an expansion of future economic prosperity. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,70157|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>Essential Skills</li><li><textformat leftmargin='15'>The student will understand and use economic concepts, theories, principles and quantitative methods to analyze current events.</textformat></li><li><textformat leftmargin='30'>Students will use tables, graphs, equations, diagrams, and charts to interpret economic information.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141954|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>Essential Skills</li><li><textformat leftmargin='15'>The student will understand and use economic concepts, theories, principles and quantitative methods to analyze current events.</textformat></li><li><textformat leftmargin='30'>Students will evaluate the economic implications of current issues as found in such sources as magazine articles, radio and television reports, editorials, and Internet sites.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141955|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>Essential Skills</li><li><textformat leftmargin='15'>The student will learn and be able to apply personal financial management and investment practices.</textformat></li><li><textformat leftmargin='30'>Students will analyze short- and long-term investment options such as stocks, bonds, real estate, and mutual funds by comparing the risk, return, and liquidity of these instruments.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141957|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>Essential Skills</li><li><textformat leftmargin='15'>The student will learn and be able to apply personal financial management and investment practices.</textformat></li><li><textformat leftmargin='30'>Students will recognize a proper role for credit and how to utilize risk management strategies including the use of insurance.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141958|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>Essential Skills</li><li><textformat leftmargin='15'>The student will learn and be able to apply personal financial management and investment practices.</textformat></li><li><textformat leftmargin='30'>Students will explain the concepts of compound interest and the Rule of 72, and the applicability to both investment gains and debt retirement.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141959|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>International Economic Relationships</li><li><textformat leftmargin='15'>The student will understand the key factors involved in the United States' economic relationships with other nations.</textformat></li><li><textformat leftmargin='30'>Students will understand and apply the concepts of comparative and absolute advantage in international trade.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141960|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>International Economic Relationships</li><li><textformat leftmargin='15'>The student will understand the key factors involved in the United States' economic relationships with other nations.</textformat></li><li><textformat leftmargin='30'>Students will know the major characteristics of the principal types of economic systems in this world and compare and contrast them with the U.S. system.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141962|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>International Economic Relationships</li><li><textformat leftmargin='15'>The student will understand the key factors involved in the United States' economic relationships with other nations.</textformat></li><li><textformat leftmargin='30'>Students will know and understand the significance of these concepts: trade deficits, exchange rates, trade barriers, balance of trade, foreign exchange markets, and give examples of their current application to U.S. trade relationships with other countries in the world.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141963|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>GRADES 9-12</p><br><li>International Economic Relationships</li><li><textformat leftmargin='15'>The student will understand the key factors involved in the United States' economic relationships with other nations.</textformat></li><li><textformat leftmargin='30'>Students will know and analyze the reasons some countries are characterized as developing nations.  </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,141966|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br></font>]]>
</content>
<correlations>
<standard id='70087'>67916,67914,67915,68202,68167,68170,62346,67938,67935,20980,20978,68273,68272,67871,67928,67941,67939,67940,68094,20990,517,396,392,267,252,364,39,414,911,209,</standard>
<standard id='70088'>68275,62319,20991,67124,62320,68274,67939,61968,67119,20990,68202,68201,68210,20988,67882,67879,68171,68199,68203,67938,66,169,484,61,67,578,478,59,289,269,</standard>
<standard id='141930'>67916,67914,67915,68202,68167,68170,62346,67938,67935,20980,20978,68273,68272,67871,67928,67941,67939,67940,68094,20990,517,396,392,267,252,364,39,414,911,209,</standard>
<standard id='141931'>68094,20991,68197,68278,68277,62325,67917,62352,62214,62208,62318,62326,67881,67878,67123,62629,61984,61982,20982,20983,364,539,377,918,381,453,358,540,374,197,</standard>
<standard id='141932'>67916,67914,67915,68202,68167,68170,62346,67938,67935,20980,20978,68273,68272,67871,67928,67941,67939,67940,68094,20990,517,396,392,267,252,364,39,414,911,209,</standard>
<standard id='70089'>62318,20954,67881,20991,20990,68094,20938,67882,67917,20941,67933,20989,20929,68270,20982,20974,20975,20972,68272,67113,276,310,357,62,453,457,41,464,564,313,</standard>
<standard id='141933'>68198,61985,68197,62314,62630,62325,20974,68199,20922,68164,62348,68281,68178,20923,67924,20924,62318,62326,67923,67944,226,368,465,207,393,212,166,374,464,557,</standard>
<standard id='70097'>20941,20954,20938,20929,20803,20805,67881,67882,68270,68272,68094,67933,67917,20802,62318,68172,68173,68169,68167,20934,394,403,276,62,41,453,357,383,382,911,</standard>
<standard id='70101'>62318,67917,67915,67931,68280,67938,62321,67936,68094,20805,67933,68281,62326,20773,20803,20955,20929,67882,20943,65763,313,382,276,394,357,579,634,664,403,762,</standard>
<standard id='70102'>67917,68143,20835,20954,20809,20802,20807,20833,62347,67933,20920,20921,68094,68270,68273,68272,20808,20929,20938,62354,176,403,911,256,322,552,702,789,719,453,</standard>
<standard id='70103'>62318,67917,67933,20803,67882,20929,68173,67880,62321,68094,20805,68272,20941,20954,67931,67938,20834,68174,62323,20955,276,394,357,382,403,579,313,384,509,62,</standard>
<standard id='141934'>67936,67915,67931,68280,62358,68279,62323,62326,15855,67880,65763,68173,68096,15856,62321,20943,67916,553,664,394,961,259,276,747,357,762,258,</standard>
<standard id='141935'>67914,67915,68238,68167,67916,62346,20837,68241,67928,68273,68233,68169,60332,68094,68170,68097,62632,68143,67937,517,592,396,392,702,364,51,39,414,911,</standard>
<standard id='141936'>20942,68094,67916,67915,68169,68167,68177,20810,60334,68238,20801,67914,68176,20917,20838,68174,67114,62346,585,702,455,361,157,542,476,45,581,346,</standard>
<standard id='141937'>65769,65761,65757,65767,65765,65756,65762,65760,65763,65758,20809,68234,65755,20802,20811,20845,60339,62324,67915,727,176,702,773,390,552,346,719,725,260,</standard>
<standard id='70106'>20805,62325,67917,20802,20800,20807,20835,20808,20803,20798,68094,67933,62318,20806,68237,68142,62326,20929,62348,15854,692,403,313,745,719,664,203,382,276,394,</standard>
<standard id='141938'>20959,68242,20958,61984,65765,67942,20938,68094,20934,20939,20942,20963,62645,20954,20940,20955,68095,67927,361,157,515,377,745,381,542,702,66,585,</standard>
<standard id='141939'>15850,65765,62324,67877,67942,67117,62353,67118,67874,20805,68276,68095,68142,62321,68165,62639,20925,67927,68173,645,647,384,634,579,509,501,505,383,453,</standard>
<standard id='141940'>61984,65763,67915,67916,62358,62321,20943,67917,67880,67944,67936,68143,68279,67938,67931,68280,45,395,394,553,634,664,579,961,259,276,</standard>
<standard id='70111'>15857,68240,67944,60314,60316,68166,60318,67945,67872,67940,62322,67915,67873,67930,61970,68178,62640,62643,65764,189,355,198,385,773,356,626,410,727,647,</standard>
<standard id='70112'>67872,67915,65758,65764,60314,15857,60316,68166,68240,60318,67945,67873,67944,67930,62322,67940,61970,68178,62641,773,189,372,764,410,198,356,355,746,719,</standard>
<standard id='70113'>68141,68283,67938,67936,62325,68282,15849,62643,61970,62636,68243,60335,68246,68095,60333,62642,20767,68278,373,742,515,474,58,776,859,230,395,345,</standard>
<standard id='70114'>68141,68283,62325,67936,67938,15849,68282,68246,62642,61970,62636,62643,61973,68243,20767,68278,60333,373,859,474,742,515,776,773,719,230,58,</standard>
<standard id='141941'>56530,15429,17809,68142,17813,20863,60259,68292,67736,60315,62480,67764,62507,62584,62177,67729,203,650,994,1011,94,606,153,692,305,676,</standard>
<standard id='70107'>60259,68142,68292,56530,17813,17809,68139,20863,20862,15429,62515,67761,62447,63122,67858,67854,17824,75,650,154,305,122,153,203,676,606,692,</standard>
<standard id='141942'>60261,62143,60253,65603,56533,68028,56534,60252,68110,67747,68295,67754,68042,17828,67851,15425,67761,391,21,691,700,542,367,163,348,84,1009,</standard>
<standard id='141943'>67851,68035,17816,17814,67741,65603,62135,60255,62145,67645,67854,15425,67853,68030,63112,20822,67761,20823,535,505,21,759,371,694,60,154,201,773,</standard>
<standard id='141944'>67742,68111,62602,67754,63118,68107,62144,17810,67857,60253,17828,60254,131,84,698,990,36,395,348,997,1004,700,</standard>
<standard id='70128'>60251,67755,20817,15428,17807,17804,67855,67737,17801,62141,67748,68058,68109,65686,62175,62598,132,508,553,201,259,317,758,60,46,615,</standard>
<standard id='70129'>67855,17808,20817,17804,60251,15428,68058,17805,17806,68045,17838,17803,68106,67669,67668,67667,67755,508,132,27,45,615,335,333,762,553,317,</standard>
<standard id='70130'>67755,67855,17807,17804,60251,20817,15428,68058,67737,67748,62141,17801,17806,20819,20818,317,201,132,508,553,615,758,60,259,46,</standard>
<standard id='141945'>15435,17836,65599,62477,65598,62455,56531,56530,67647,17812,15432,67742,67754,65595,65596,65594,65600,65604,299,342,798,629,156,126,140,135,25,776,</standard>
<standard id='70132'>67851,68035,17816,17814,67741,65603,62135,60255,62145,67645,67854,15425,67853,68030,63112,20822,67761,20823,535,505,21,759,371,694,60,154,201,773,</standard>
<standard id='70135'>67669,67668,17813,62613,67738,62584,62514,67747,62599,68291,56530,62601,62138,62605,62137,62591,62132,20862,62588,725,536,692,772,727,764,533,719,773,130,</standard>
<standard id='70137'>67736,67668,67669,63115,20821,67853,20851,67667,15423,17797,68143,68059,67747,15430,67752,62515,60315,65604,62483,762,341,532,535,795,725,727,371,692,719,</standard>
<standard id='70138'>67669,67667,67670,68041,68035,68027,60261,67735,62483,15426,62513,68030,68033,68037,17818,67733,20827,67755,582,727,459,632,759,663,522,773,748,355,</standard>
<standard id='70140'>17818,62483,60257,68030,60261,15426,67642,62147,63121,67755,68027,68035,68033,68031,68041,17820,759,773,189,582,273,764,522,529,719,355,</standard>
<standard id='70141'>17818,62483,60257,68030,60261,15426,67642,62147,63121,67755,68027,68035,68033,68031,68041,17820,759,773,189,582,273,764,522,529,719,355,</standard>
<standard id='70142'>60258,68037,68030,63122,62614,67858,17820,68036,67755,17818,68041,60261,60257,17823,67735,68033,67669,67670,154,694,663,355,727,719,773,185,748,632,</standard>
<standard id='141948'>17829,15433,68111,67757,68031,17830,62615,68030,68035,68033,67755,67733,17818,68036,68040,67669,68041,68037,68107,459,184,190,33,319,759,522,306,355,31,</standard>
<standard id='141949'>68030,17818,60261,60257,62483,15426,68106,67642,63121,62147,67668,67669,17813,62595,17817,759,273,773,189,582,694,764,727,725,771,</standard>
<standard id='141950'>68105,68044,68107,68034,60260,67762,68108,15432,68141,17810,65720,17832,67757,63118,67669,990,1003,1012,848,1011,1004,998,994,997,1009,</standard>
<standard id='141951'>68107,68044,67757,60260,68105,68034,17832,65720,67762,68141,15432,68108,62616,17810,67765,990,1003,1012,997,1006,29,1009,995,994,848,</standard>
<standard id='141952'>67755,67855,17804,20817,15428,60251,17801,62141,17807,20819,20818,68109,67739,67737,68058,60,201,508,8,317,758,132,259,46,553,</standard>
<standard id='70144'>68034,68105,68044,68141,68107,68108,63118,15432,68062,67669,17810,60260,62616,67765,17832,65720,990,998,994,1003,1012,1011,848,1004,995,353,</standard>
<standard id='70145'>65590,65591,65595,65589,17839,68040,65600,65601,67640,67638,67645,67647,67730,61972,68140,17827,62476,62478,62473,725,855,350,50,342,163,189,188,186,185,</standard>
<standard id='70146'>68044,68105,68034,68108,68141,62616,67757,68107,68062,15432,63118,65692,60260,65720,67644,62511,994,1003,990,1011,995,997,1006,998,848,1012,</standard>
<standard id='70147'>67757,68108,68044,68105,67756,17832,17831,67762,62616,65692,67759,1003,990,850,994,1011,995,997,1006,1000,186,</standard>
<standard id='70148'>17829,67757,67756,15433,60260,68107,68111,68031,62255,17831,62615,65720,17832,459,190,184,29,319,997,352,348,1012,36,</standard>
<standard id='70149'>67757,68044,68107,68105,67756,60260,68034,17832,68108,67729,67762,68111,65720,67765,68141,997,995,1006,1003,990,1011,994,1012,353,1000,</standard>
<standard id='70150'>17830,15433,17829,17839,67762,68111,68109,68104,68044,67757,67756,68108,68107,60260,184,31,190,33,995,1012,990,997,459,1009,</standard>
<standard id='70152'>68107,68105,68044,67762,60260,68034,68108,15432,65720,17810,17832,67757,68141,63118,62616,1006,997,995,990,1012,1003,1009,994,1011,1004,</standard>
<standard id='141953'>68107,15432,17810,60260,63118,67762,68108,68105,17832,65691,65720,68111,68044,67756,17828,67742,36,990,995,1009,1012,29,997,348,1003,1006,</standard>
<standard id='70154'>67729,67752,67644,62479,68141,62480,17832,68107,67757,68105,62476,68044,17827,67759,67642,67747,1006,995,997,353,994,1011,848,1000,1003,1012,</standard>
<standard id='70155'>15429,68142,20859,62146,67750,20821,63120,20857,20856,67747,67749,67853,63119,67856,20819,67752,62515,60315,676,692,154,719,668,532,335,602,299,22,</standard>
<standard id='70156'>17837,67752,67747,63120,20821,62516,67644,61973,15429,68142,67764,20859,67749,60254,60315,67736,62146,692,719,154,136,274,676,668,288,99,773,</standard>
<standard id='70157'>60315,67764,68142,15429,17837,67752,62515,62516,67736,56530,17809,63120,20862,67747,60254,67749,62507,692,719,676,154,668,283,99,153,274,606,</standard>
<standard id='141954'>56534,56533,56531,67670,15423,17818,67669,17795,17798,20851,68289,67667,67668,62449,17796,68143,20821,133,271,707,776,691,535,306,94,163,158,</standard>
<standard id='141955'>56534,15423,20851,17818,17798,67668,17796,67669,67670,67667,17795,68289,68143,56533,20821,67727,63115,94,535,271,306,707,463,386,759,795,181,</standard>
<standard id='141957'>68297,68104,62454,62144,68307,63120,17830,20829,553,388,570,603,698,335,333,36,37,84,</standard>
<standard id='141958'>68110,68297,17810,68300,20829,62144,68296,68104,65740,68306,68111,65741,65742,65743,67734,67851,36,37,847,84,570,388,175,26,603,326,</standard>
<standard id='141959'>68287,62144,17810,68297,68300,17812,20829,20828,20825,62451,62450,65690,60254,388,36,847,121,37,175,84,346,570,603,</standard>
<standard id='141960'>68140,15434,67640,17835,67641,67639,67732,65596,62476,15422,67636,61972,68040,65588,65587,62171,65689,67730,63117,855,342,350,719,794,725,776,163,567,575,</standard>
<standard id='141962'>65693,17800,17818,17814,68143,17795,17809,63116,65603,65687,63114,65684,68046,63111,15423,15425,67729,62147,65686,288,795,651,532,138,322,136,535,35,552,</standard>
<standard id='141963'>62455,62478,68140,67645,67647,61972,65601,65600,68040,17836,67730,67765,17839,60261,15422,63117,67636,67638,67640,342,629,350,163,855,529,725,798,299,776,</standard>
<standard id='141966'>60261,17837,67736,67642,67644,65685,67729,65604,62507,65601,62515,17809,56530,56529,17814,67764,67752,67749,719,154,602,725,773,542,676,274,692,606,</standard>
</correlations>
</standards>