D. Economics: 2. The student understands the characteristics of different economic systems and institutions.: 9-12: The student...
SS.D.2.4.1 Add Website - Add Activity
understands how wages and prices are determined in market, command, tradition-based, and mixed economic systems and how economic systems can be evaluated by their ability to achieve broad social goals such as freedom, efficiency, equity, security, and growth.
SS.D.2.4.2 Add Website - Add Activity
understands how price and quantity demanded relate, how price and quantity supplied relate, and how price changes or controls affect distribution and allocation in the economy.
SS.D.2.4.3 Add Website - Add Activity
understands how government taxes, policies, and programs affect individuals, groups, businesses, and regions.
SS.D.2.4.4 Add Website - Add Activity
understands how United States fiscal policies and monetary policies reinforce or offset each other and how they affect levels of economic activity, the money supply of the country, and the well-being of individuals, businesses, regions, and the nation.
SS.D.2.4.5 Add Website - Add Activity
understands basic terms and indicators associated with levels of economic performance and the state of the economy.
SS.D.2.4.6 Add Website - Add Activity
understands factors that have led to increased international interdependence and basic concepts associated with trade between nations.