Standards

Enduring Understandings - important ideas that students should carry with them years beyond the instruction received this year.

• The US Government uses monetary and fiscal policy to influence the economy.

• Trade, global interdependence and specialization contribute to economic growth.

Essential Questions - most important “big picture” questions students should be able to answer after completing learning activities.

• How does the US government use monetary and fiscal policy to influence the economy? 

• How do trade, global interdependence and specialization contribute to economic growth?

Standards and Benchmarks

Standard 2: Students understand how different economic systems employ different means to produce, distribute, and exchange goods and services.
Benchmark C:  Students understand that government actions and policies, including taxes, spending and regulations influence the operation of economies.
Standard 3:  Students understand the results of trade, exchange, and interdependence among individuals, households, businesses, governments, and societies.
Benchmark A:  Students understand that the exchange of goods and services creates economic interdependence and change.
Benchmark B:  Students understand how a country's monetary system facilitates the exchange of resources.     

Unit 3:  Economic roles of the US government

Unit 4:  Trade and Interdependence

Parent Resources