The student will apply history and social science skills to analyze how… | Students practice weighing costs and benefits to understand why buyers, sellers, and governments make the economic choices they do, from everyday purchases to bigger market forces. | CE.11 |
explaining that because of scarcity, consumers, producers | Scarcity means there is never enough of everything, so consumers, producers, and governments have to choose how to spend money and resources. Whatever they give up to make that choice is the opportunity cost. | CE.11.a |
explaining the importance of innovation and productivity, including the freedom… | Students learn why some workers and businesses produce more than others. The focus is on how new technology, job choice, and education and training raise what people can earn and what an economy can make. | CE.11.b |
comparing and contrasting free-market, command | Students compare three economic systems: free-market (individuals decide), command (government decides), and mixed (both). The goal is to see how each system shapes who gets what, and what that means for everyday life. | CE.11.c |
The student will apply history and social science skills to describe the United… | Students learn how the U.S. economy works as a whole: how goods and services are produced and sold, how prices are set, and how the government's choices affect everyday life. | CE.12 |
evaluating the shared fundamental principles and connection of free enterprise… | Free enterprise and democracy share the same core idea: people get to make their own choices. Students examine how economic freedom and political freedom reinforce each other in the United States. | CE.12.a |
describing the critical components of the United States economy, such as… | Students learn what makes the U.S. economy work: private citizens can own property and businesses, buyers choose what to purchase, and companies compete for those sales with limited government involvement. | CE.12.b |
explaining the effect of supply and demand in a market economy on consumer… | Students learn why prices rise and fall. When a product is scarce or suddenly popular, sellers can charge more. When too much money chases too few goods over time, that steady price increase is called inflation. | CE.12.c |
describing the types of business organizations and the role of entrepreneurship | Students learn the difference between sole proprietorships, partnerships, and corporations, then look at what it takes to start and run a business from scratch. | CE.12.d |
explaining the role of consumers, producers | Consumers buy goods, producers make them, and the government sets rules and spends money that shape how the whole economy runs. Students learn how those three groups push and pull on prices, jobs, and what gets made. | CE.12.e |
explaining how financial institutions are critical to creating capital to fuel… | Banks and credit unions collect money from people who save and lend it to people who need it. That flow of money lets individuals buy homes or start businesses, and keeps the broader economy growing. | CE.12.f |
analyzing the role of Virginia in the United States and global economies, with… | Virginia ships goods and services across the country and around the world. Students examine which industries drive that trade and how new technology has changed what Virginia makes, grows, and sells. | CE.12.g |
The student will apply history and social science skills to analyze the role of… | Government does not run most businesses in the U.S., but it does set rules, collect taxes, and spend money in ways that shape the economy. Students study why those decisions get made and what effect they have. | CE.13 |
examining the effect of competition in the marketplace | Students study how businesses compete for customers by lowering prices or improving products, and why that competition can lead to better choices and fairer prices for buyers. | CE.13.a |
explaining how and why government provides certain public goods and services | Students learn why the government pays for things like roads, schools, and fire departments instead of leaving them to businesses. The idea is that some goods and services work better when everyone shares the cost. | CE.13.b |
describing how local, state | Students learn how city, state, and federal governments decide where to spend tax money and why residents pay different kinds of taxes. The goal is to see the connection between what people pay and the services they receive. | CE.13.c |
explaining the structure and main function of the Federal Reserve System and… | Students learn what the Federal Reserve is and what it does: the U.S. government's central bank manages the nation's money supply, sets key interest rates, and works to keep the economy stable. | CE.13.d |
explaining the role of government currency and analyzing the purpose of a… | Students learn why the U.S. government prints and controls money, and how using currency makes buying and selling simpler than trading goods directly. | CE.13.e |
describing how governments regulate commerce to protect consumers, the… | Governments set rules for businesses: limiting pollution, stopping one company from taking over a market, and making sure products are safe to buy. Students learn why those rules exist and who benefits from them. | CE.13.f |
evaluating how and why governments regulate industry, labor, competition | Governments set rules for businesses to keep prices fair and protect workers. Students examine why those rules exist and how they shape what companies can and cannot do in the market. | CE.13.g |
The student will apply history and social science skills to explain career… | Choosing a career and managing money are connected skills. Students explore job options and learn the basics of budgeting, saving, and spending so they can make smarter decisions with money as they get older. | CE.14 |
identifying the talents, interests | Students match their own interests and natural strengths to possible careers. The goal is to see how what they enjoy and what they are good at can point toward jobs worth pursuing. | CE.14.a |
identifying the attitudes and behaviors that strengthen the individual work… | Students learn which habits and mindsets, like showing up on time and following through on tasks, help people succeed at work and build a stronger career over time. | CE.14.b |
identifying human capital, abilities, intellectual and physical skills, work… | Human capital is what workers bring to a job: their skills, habits, and education. Students learn how the supply of certain skills and the demand for them shifts as the economy changes. | CE.14.c |
examining the effect of technological change and globalization on career… | Students look at how new technology and global trade open up some jobs and make others less common. They consider what those shifts mean for planning a career. | CE.14.d |
describing the importance of education to one’s intellectual life, lifelong… | More education usually means more career options and higher earnings over a lifetime. Students explore how schooling, job training, and self-directed learning connect to the goals a person sets for themselves. | CE.14.e |
analyzing the role of financial responsibility in good citizenship, including | Students learn how borrowing money, saving, and investing connect to everyday financial decisions. They look at how credit cards, savings accounts, and basic investments work, and why managing money responsibly matters beyond the household. | CE.14.f |
describing the importance of equal opportunities for access to education and… | Equal access to education and training means everyone gets a fair shot at building skills, regardless of background. Students examine why closing those gaps matters for individuals and for the broader economy. | CE.14.g |
researching jobs and careers in the public and private sector and understanding… | Students research jobs in government agencies and private businesses, then map out the steps to reach those careers, such as the education, training, or experience each path requires. | CE.14.h |