Content Standard Social Studies Standard D - Economics: Production, Distribution, Exchange, Consumption

Content Standard: Students in Wisconsin will learn about production, distribution, exchange, and consumption so that they can make informed economic decisions.

Rationale
Individuals, families, businesses, and governments must make complex economic choices as they decide what goods and services to provide and how to allocate limited resources for distribution and consumption. In a global economy marked by rapid technological change, students must learn how to be better producers, consumers, and economic citizens. In Wisconsin schools, the content, concepts, and skills related to economics may be taught in units and courses including economics, history, government, global studies, and current events.

Note: additional information for developing a curriculum is available in:

Curriculum Standards for Social Studies. The National Council for the Social Studies Publications, P.O. Box 79078, Baltimore, MD 21279-0078 (1-800-683-0812)

National Content Standards in Economics. The National Council on Economic Education, 1140 Avenue of the Americas, New York, NY 10036 (1-800-338-1192)

• Performance Standard Grade 4
• Performance Standard Grade 8
• Performance Standard Grade 12

For questions about this information, contact Beverly J. Kniess (608) 266-3706

Last updated on 2/25/2008 1:43:12 PM