Maine Learning Results
ME.C. Economics: Students draw on concepts and processes from economics to understand issues of personal finance and issues of production, distribution, and consumption in the community, Maine, the United States, and world.
C.1. Economic Knowledge, Concepts, Themes, and Patterns: Students understand the principles and processes of personal economics, the influence of economics on personal life and business, and the economic systems of Maine, the United States, and various regions of the world.
C.1.a. Explain that economics is the study of how scarcity requires choices about what, how, for whom, and in what quantity to produce, and how scarcity relates to market economy, entrepreneurship, supply and demand, and personal finance.
C.1.b. Describe the functions of economic institutions and economic processes including financial institutions, businesses, government, taxing, and trade.
C.1.c. Identify factors that contribute to personal spending and savings decisions including work, wages, income, expenses, and budgets as they relate to the study of individual financial choices.
C.2. Individual, Cultural, International, and Global Connections in Economics: Students understand economic aspects of unity and diversity in Maine, the United States, and various world cultures, including Maine Native Americans.
C.2a. Describe factors in economic development, and how states, regions, and nations have worked together to promote economic unity and interdependence.
ME.CC.RH.6-8. Reading Standards for Literacy in History/Social Studies
Craft and Structure
RH.6-8.4. Determine the meaning of words and phrases as they are used in a text, including vocabulary specific to domains related to history/social studies.
RH.6-8.5. Describe how a text presents information (e.g., sequentially, comparatively, causally).
Range of Reading and Level of Text Complexity
RH.6-8.10. By the end of grade 8, read and comprehend history/social studies texts in the grades 6-8 text complexity band independently and proficiently.