Resources cannot be aligned to this standard, browse sub-standards to find lessons.
Evaluate the costs and benefits of allocating goods and services through public and private means.
Evaluate historical and current social developments and issues from an economic perspective.
Describe and compare relationships among economic institutions (e.g., households, businesses, banks, government agencies and labor unions).
Explain historical and current developments and issues in local, national and global contexts from an economic perspective.
Define inflation and explain its effects on economic systems.