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Financially capable individuals study various factors that influence production such as resources, supply and demand, and price, which affect individual consumer choices over time.
Explain points of agreement experts have about interpretations and applications of disciplinary concepts and ideas associated with a compelling question.
Financially capable individuals understand that competition and wages are not just American concepts. These concepts have applied to individual financial decisions long before the birth of the nation.
Explain how a question represents key ideas in the field.
Financially capable individuals understand that financial decisions have been impacted by the history, location, and distribution of resources of a place.