Analyze how external factors might influence spending decisions for different individuals.
Investigate the role of consumers within the Western Hemisphere (PFL).
No resources have been tagged as aligned with this standard.
Compare and contrast choices available to consumers within different cultures as they developed in the Eastern Hemisphere throughout history.
Demonstrate an understanding of cause and effect related to personal decisions. (Civic/Interpersonal Skills: Character)
Financially capable individuals understand that financial decisions have been impacted by the history, location, and distribution of resources of a place.
Financially capable individuals apply the economic way of thinking which assumes that people make particular choices because they are responding to the underlying incentives.