The National Economy

• D2.Eco.10.K-2
  Explain why people save.
• D2.Eco.11.K-2
  Begins in grades 3–5
• D2.Eco.12.K-2
  Describe examples of the goods and services that governments provide.
• D2.Eco.13.K-2
  Describe examples of capital goods and human capital.
• D2.Eco.10.3-5
  Explain what interest rates are.
• D2.Eco.11.3-5
  Explain the meaning of inflation, deflation, and unemployment.
• D2.Eco.12.3-5
  Explain the ways in which the government pays for the goods and services it provides.
• D2.Eco.13.3-5
  Describe ways people can increase productivity by using improved capital goods and improving their human capital.
• D2.Eco.10.6-8
  Explain the influence of changes in interest rates on borrowing and investing.
• D2.Eco.11.6-8
  Use appropriate data to evaluate the state of employment, unemployment, inflation, total production, income, and economic growth in the economy.
• D2.Eco.12.6-8
  Explain how inflation, deflation, and unemployment affect different groups.
• D2.Eco.13.6-8
  Explain why standards of living increase as productivity improves.
• D2.Eco.10.9-12
  Use current data to explain the influence of changes in spending, production, and the money supply on various economic conditions.
• D2.Eco.11.9-12
  Use economic indicators to analyze the current and future state of the economy.
• D2.Eco.12.9-12
  Evaluate the selection of monetary and fiscal policies in a variety of economic conditions.
• D2.Eco.13.9-12
  Explain why advancements in technology and investments in capital goods and human capital increase economic growth and standards of living.