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National Standards in Economics
Name: Scarcity
Standard: 1
- Students will understand that: Productive resources are limited. Therefore, people cannot have all the goods and services they want; as a result, they must choose some things and give up others.
- Students will be able to use this knowledge to: Identify what they gain and what they give up when they make choices.
Common Core State Standards
Name: CCRA.L.6
Standard: College and Career Readiness Anchor Standards for Language
Area: College and Career Readiness Anchor Standards for Language
- Acquire and use accurately a range of general academic and domain-specific words and phrases sufficient for reading, writing, speaking, and listening at the college and career readiness level; demonstrate independence in gathering vocabulary knowledge when encountering an unknown term important to comprehension or expression.
Name: CCRA.R.7
Standard: College and Career Readiness Anchor Standards for Reading
Area: College and Career Readiness Anchor Standards for Reading
- Integrate and evaluate content presented in diverse media and formats, including visually and quantitatively, as well as in words.
Name: CCRA.SL.2
Standard: College and Career Readiness Anchor Standards for Speaking and Listening
Area: College and Career Readiness Anchor Standards for Speaking and Listening
- Integrate and evaluate information presented in diverse media and formats, including visually, quantitatively, and orally.
