Economic thinkers study how and why individuals make decisions about purchases and in different locations.
Investigate how societies create different economic systems in the Western Hemisphere.
No resources have been tagged as aligned with this standard.
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.
Demonstrate an understanding of cause and effect related to personal decisions. (Civic/Interpersonal Skills: Character)
Compare and contrast choices available to consumers within different cultures as they developed in the Eastern Hemisphere throughout history.