NV.E10.0. The U.S. Economy As A Whole - Students will identify indicators used to measure economic performance, understand key aspects of how the economy acts as a system, and understand the roles of money, interest rates, savers, and borrowers, financial institutions, and the central bank in our economy. At a minimum, students will maintain previous content and attain the following:
Interest, Saving Borrowing
E10.3.2. Define banking terms, including saving, interest, and borrowing.
NV.E9.0. The Market Economy - Students will understand how scarcity and incentives affect choices, how markets work, why markets form, how supply and demand interact to determine the market price, and how changes in prices act as economic signals to coordinate trade. At a minimum, students will maintain previous content and attain the following:
E9.3.4. Demonstrate an understanding of income and give examples.
Incentives, Choice and Cost
E9.3.1. Identify needs as high priority wants, and wants as goods, services, or leisure activities.
NV.S1.0. Social Studies Skills - As students become increasingly sophisticated and informed thinkers, they are provided opportunities to develop and apply skills that enhance critical thinking processes by developing and applying 21st Century Skills.
S1.3.1. Use pre-reading to skim text for main ideas.
S1.3.3. Use reading and writing to respond to literature.