IL.15. Economics: Understand economic systems, with an emphasis on the United States.
15.A. Understand how different economic systems operate in the exchange, production, distribution and consumption of goods and services.
15.A.2b. Describe how incomes reflect choices made about education and careers.
15.B. Understand that scarcity necessitates choices by consumers.
15.B.2a. Identify factors that affect how consumers make their choices.
15.B.2c. Explain that when a choice is made, something else is given up.
IL.16. History: Understand events, trends, individuals and movements shaping the history of Illinois, the United States and other nations.
16.A. Apply the skills of historical analysis and interpretation.
16.A.2b. Compare different stories about a historical figure or event and analyze differences in the portrayals and perspectives they present.
16.C. Understand the development of economic systems.
16.C.2f. World History: Describe basic economic changes that led to and resulted from the manorial agricultural system, the industrial revolution, the rise of the capitalism and the information/communication revolution.