Personal Financial Literacy, Economic and Business Choices
Making Sound Personal Economic Choices ECO.18C Evaluate the costs and benefits of buying insurance. ECO.18D Evaluate the costs and benefits of charitable giving. ECO.19A Evaluate the costs and benefits of renting a home versus buying a home. ECO.19B Assess the financial aspects of making the transition from renting to home ownership. ECO.21D Analyze and evaluate the validity of economic information from primary and secondary sources for bias, propaganda, point of view, and frame of reference. ECO.22A Use economic-related terminology correctly.
Business Organizations ECO.15A Explain the characteristics of sole proprietorships, partnerships, and corporations. ECO.15B Analyze the advantages and disadvantages of sole proprietorships, partnerships, and corporations. ECO.21A Analyze economic information by sequencing, categorizing, identifying cause-and-effect relationships, comparing, contrasting, finding the main idea, summarizing, making generalizations and predictions, and drawing inferences and conclusions. ECO.22A Use social studies terminology correctly.