<standards name='NY'><title>New York Standards in Economics and Personal Finance</title><content><![CDATA[<font color='#333333'><p>These standards are current as of <b>1996</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=ny'>web site</a> to learn more.</p><p>----------------------------------------------------------------</p><p class='contentarea'>Content Area: Social Studies</p><p>----------------------------------------------------------------</p><p class='contentarea'>Standard: 4</p><p>----------------------------------------------------------------</p><p class='contentarea'>elementary</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students know some ways individuals and groups attempt to satisfy their basic needs and wants by utilizing scarce resources. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69814|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>elementary</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students explain how people's wants exceed their limited resources and that this condition defines scarcity.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69815|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>elementary</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students know that scarcity requires individuals to make choices and that these choices involve costs.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69816|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>elementary</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students study about how the availability and distribution of resources is important to a nation's economic growth.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69817|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>elementary</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students understand how societies organize their economies to answer three fundamental economic questions: What goods and services shall be produced and in what quantities ? How shall goods and services be produced? For whom shall goods and services be produced?</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69818|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>elementary</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students investigate how production, distribution, exchange, and consumption of goods and services are economic decisions with which all societies and nations must deal.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69819|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Intermediate</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students explain how societies and nations attempt to satisfy their basic needs and wants by utilizing scarce capital, natural, and human resources.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69820|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Intermediate</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students define basic economic concepts such as scarcity, supply and demand, markets, opportunity costs, resources, productivity, economic growth, and systems. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69821|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Intermediate</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students understand how scarcity requires people and nations to make choices which involve costs and future considerations. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69822|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Intermediate</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students understand how people in the United States and throughout the world are both producers and consumers of goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69823|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Intermediate</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students investigate how people in the United States and throughout the world answer the three fundamental economic questions and solve basic economic problems. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69824|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Intermediate</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students describe how traditional, command, market, and mixed economies answer the three fundamental economic questions.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69825|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Intermediate</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students explain how nations throughout the world have joined with one another to promote economic development and growth.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69826|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Commencement</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students analyze the effectiveness of varying ways societies, nations, and regions of the world attempt to satisfy their basic needs and wants by utilizing scarce resources.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69827|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Commencement</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students define and apply basic economic concepts such as scarcity, supply/demand, opportunity costs, production, resources, money and banking, economic growth, markets, costs, competition, and world economic systems.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69828|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Commencement</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students understand the nature of scarcity and how nations of the world make choices which involve economic and social costs and benefits. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69829|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Commencement</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students describe the ideals, principles, structure, practices, accomplishments, and problems related to the United States economic system.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69830|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Commencement</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students compare and contrast the United States economic system with other national economic systems, focusing on the three fundamental economic questions.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69831|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Commencement</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students explain how economic decision making has become global as a result of an interdependent world economy. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69832|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Commencement</p><br><li>Standard 4 - Economics</li><li><textformat leftmargin='15'>The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.</textformat></li><li><textformat leftmargin='30'>Students understand the roles in the economic system of consumers, producers, workers, investors, and voters. </textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,69833|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br></font>]]>
</content>
<correlations>
<standard id='69814'>67917,68167,68202,68272,68169,67935,20990,68094,62346,68204,68205,20972,20971,67939,67940,20974,67914,20975,20969,67915,209,461,276,177,414,584,364,453,310,517,</standard>
<standard id='69815'>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='69816'>68200,68206,68209,68201,68202,68204,68203,68205,68167,67915,67916,67914,67114,62346,20915,67928,20941,20943,68273,20979,489,396,365,392,517,178,911,267,364,39,</standard>
<standard id='69817'>62325,62352,68199,68198,68197,68277,67917,67935,67934,61985,67937,67939,67122,67933,67931,67928,67119,62203,67870,61971,364,171,392,206,363,343,207,470,209,465,</standard>
<standard id='69818'>62347,62326,61971,68204,68205,67917,68198,62346,68208,68201,68200,62324,68199,68175,68165,61983,67915,67916,68167,68168,176,256,356,361,169,318,212,470,285,209,</standard>
<standard id='69819'>20929,68272,20982,62318,67882,20991,20990,67917,68274,20985,20940,20941,20984,20954,68094,20974,62326,20989,20938,20975,464,357,62,453,457,276,169,41,310,478,</standard>
<standard id='69820'>20844,68237,68139,20807,68142,20805,20802,20806,68281,20835,20800,20808,15853,15854,67871,20763,67874,60338,20810,67914,469,692,153,676,664,231,203,368,75,380,</standard>
<standard id='69821'>67915,67916,67917,67914,68143,68242,68094,68279,68280,60336,68273,67871,68236,68276,68142,68139,20763,60338,60333,702,276,692,853,762,579,258,259,664,719,</standard>
<standard id='69822'>67916,68238,67914,67915,20837,68241,68273,68233,68097,60332,68094,62632,20838,68139,68143,67917,65758,67871,592,702,51,258,792,308,157,579,276,773,</standard>
<standard id='69823'>67917,20802,68272,68270,67881,68094,67882,20803,20805,62643,20765,20769,20770,20768,68140,60336,20807,20809,20808,68274,403,62,276,394,719,605,350,725,855,400,</standard>
<standard id='69824'>68143,20833,20767,20836,60338,60335,20766,60333,61971,65769,20839,67917,20837,60332,20847,20843,20835,67915,68281,322,702,552,789,719,259,686,356,403,345,</standard>
<standard id='69825'>68143,20833,20767,20836,60338,60335,20766,60333,61971,65769,20839,67917,20837,60332,20847,20843,20835,67915,68281,322,702,552,789,719,259,686,356,403,345,</standard>
<standard id='69826'>20766,20769,20765,20771,20768,68275,20764,68140,67883,60338,20810,20803,60335,60333,68272,68274,65769,20773,20809,20807,719,702,552,605,855,692,773,579,59,57,</standard>
<standard id='69827'>67669,67670,67668,56534,17798,20851,67667,68289,15423,20821,17796,15427,17795,56533,56532,15424,17818,94,341,312,121,158,463,386,759,535,306,</standard>
<standard id='69828'>67668,68143,20821,67669,60251,67755,67667,20817,68109,17807,17804,67855,15428,17801,67748,68058,62451,17811,758,795,201,650,762,508,259,60,47,132,</standard>
<standard id='69829'>56534,67669,67670,20851,67668,17798,15423,67667,68289,20821,17796,68143,68043,15427,62448,535,306,94,158,773,341,312,388,660,121,</standard>
<standard id='69830'>17818,60257,67755,67669,62147,17820,67667,60318,60261,62483,15426,68030,68035,68033,67733,68041,68036,759,542,773,719,529,582,189,632,273,306,</standard>
<standard id='69831'>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='69832'>67732,68140,15434,60261,67641,67640,15422,67636,65596,67639,62476,17835,17809,17818,67644,17795,17834,67748,17833,67646,719,855,552,725,163,350,567,575,794,342,</standard>
<standard id='69833'>56533,56534,68058,67669,68028,17828,68042,68110,67754,62143,60252,60253,60261,67747,68295,65688,67668,46,188,10,691,391,348,367,542,163,84,</standard>
</correlations>
</standards>