New Mexico Content Standards
NM.III: Civics and Government: Students understand the ideals, rights, and responsibilities of citizenship and understand the content and history of the founding documents of the United States with particular emphasis on the United States and New Mexico constitutions and how governments function at local, state, tribal, and national levels.
III-A: Know the fundamental purposes, concepts, structures, and functions of local, state, tribal, and national governments.
III-A:3. Explain the difference between making laws, carrying out the laws, and determining if the laws have been broken, and identify the government bodies that perform these functions at the local, state, tribal, and national levels.
NM.IV: Economics: Students understand basic economic principles and use economic reasoning skills to analyze the impact of economic systems (including the market economy) on individuals, families, businesses, communities, and governments.
IV-B: Understand that economic systems impact the way individuals, households, businesses, governments, and societies make decisions about goods and services.
IV-B:2. Explain that government raises money by taxing and borrowing to pay for the goods and services it provides.