9-12
Theme: Economics
Fundamental Questions:· How do individuals, groups and nations interact with the global community?
· How do people develop, influence and interact with systems of governance and exercise civic decision-making?
· How do individuals and groups interact with economic institutions?
Global Literacy / Civic Literacy / Economic Literacy
Focus Questions (standard)
· How do resources drive economics? Time, continuity and change, Production, distribution, consumption, and resources, Global connections, Competition and interdependence
· What is the impact of international trade? Production, distribution, consumption, and resources, Global connections, Competition and interdependence
· What role does the United States, Wisconsin, and your community play in the world economy? Time, continuity and change, People, places, movement and environment, Global connections, Competition and interdependence, Conflict and cooperation
· What is the impact of globalization on the United States and its citizens? Time, continuity and change, People, places, movement and environment, Global connections, Freedom, justice and equality
· What is the role of consumer confidence in modern economic systems? Individuals, groups, institutions, systems, and interactions, Production, distribution, consumption, and resources / Focus Questions (standard)
· What are the philosophical underpinnings of the U.S. economic system? Individuals, groups, institutions, systems, and interactions, Ethics, Competition and interdependence
· What is the role of an individual in an economic system? Individuals, groups, institutions, systems, and interactions, Production, distribution, consumption, and resources, Ethics
· What are the effects of the government’s fiscal and monetary policies on society? Time, continuity and change, Individuals, groups, institutions, systems, and interactions, Production, distribution, consumption, and resources
· How does the U.S. government affect personal economic choices? Power, authority and governance, Production, distribution, consumption, and resources, Competition and interdependence
· What is the relationship between democracy and capitalism? Power, authority and governance, Production, distribution, consumption, and resources, Competition and interdependence
· What goods and services should the government provide? Individuals, groups, institutions, systems, and interactions, Power, authority and governance, Production, distribution, consumption, and resources
· How does the U. S. government achieve its goals of supporting the common good and maintaining a healthy economy? Individuals, groups, institutions, systems, and interactions, Power, authority and governance, Freedom, justice and equality / Focus Questions (Standard)
· What are the advantages and disadvantages of different economic systems? Individuals, groups, institutions, systems, and interactions, Power, authority and governance, Production, distribution, consumption, and resources, Freedom, justice and equality
· How does the interaction of supply and demand determine price? Individuals, groups, institutions, systems, and interactions, Production, distribution, consumption, and resources
· How do financial markets work? Individuals, groups, institutions, systems, and interactions, Production, distribution, consumption, and resources, Competition and interdependence
· Why do we have money? Time, continuity and change, Individuals, groups, institutions, systems, and interactions, Production, distribution, consumption, and resources
· How does something acquire value? Time, continuity and change, Production, distribution, consumption, and resources, Competition and interdependence
· What impact does society have on the production, distribution, and consumption of goods and services? Production, distribution, consumption, and resources
· How have advances in science and technology influenced individuals, families, and society in the United States? Individuals, groups, institutions, systems, and interactions, Power, authority and governance
· How has efficient or inefficient use of resources affected society? Production, distribution, consumption, and resources
· How does specialization impact economic productivity and growth? Production, distribution, consumption, and resources, Competition and interdependence
· How are economic activities affected by unpredictable events? Time, continuity and change, Production, distribution, consumption, and resources, Conflict and cooperation
*** Bold words are the spiraling concepts within the K-12 curriculum
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