Academic Context and Connections
Finer grained standards that are part of this one
Identify and explain multiple perspectives (cultural and global) when exploring economic events, ideas, and issues within the Western Hemisphere. (Civic/Interpersonal Skills: Global/Cultural Awareness)
Explain points of agreement experts have about interpretations and applications of disciplinary concepts and ideas associated with a compelling question.
What role has competition and wages played in different cultures?
What role did the distribution of resources play in personal financial decisions?
Why is it important to analyze the various levels of a culture before understanding how individuals in that culture would make financial decisions?
Financially capable individuals understand that populations within various cultures have made individual financial decisions differently throughout time and location.
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.
Analyze how and why individuals, events, and ideas develop.
Assess personal strengths and limitations with a well-grounded sense of confidence, optimism, and a growth mindset. (Personal Skills: Self-awareness)
How did different societies in the Western Hemisphere define the roles of buyers and sellers in the various markets?