Standard 2: Buying Goods and Services

General Information
Number: SS.912.FL.2
Title: Buying Goods and Services
Type: Standard
Subject: Social Studies
Grade: 912
Strand: Financial Literacy

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Independent

SS.912.FL.2.In.a
Compare consumer decisions based on the price of goods or services, price of alternatives and consumer’s income.
SS.912.FL.2.In.b
Explain how the consumption of goods and services can have positive and negative effects on others.
SS.912.FL.2.In.c
Explain the benefits and costs of durable versus nondurable goods/products.
SS.912.FL.2.In.d
Explain a way that a consumer may be influenced by how the price of a good is expressed.
SS.912.FL.2.In.e
Describe how the amount of information gathered affects the costs and benefits related to purchasing.
SS.912.FL.2.In.f
Explain that people may choose to donate to charitable organizations because they gain satisfaction from donating.
SS.912.FL.2.In.g
Explain why governments establish laws and institutions to protect consumers.

Supported

SS.912.FL.2.Su.a
Compare consumer decisions based on the price of goods or services and the price of alternatives.
SS.912.FL.2.Su.b
Identify how the consumption of goods and services can have positive and negative effects on others.
SS.912.FL.2.Su.c
Describe the benefits and costs of durable versus nondurable goods/products.
SS.912.FL.2.Su.d
Identify a way that a consumer may be influenced by how the price of a good is expressed.
SS.912.FL.2.Su.e
Recognize that the amount of information gathered affects the costs and benefits related to purchasing.
SS.912.FL.2.Su.f
Discuss why people may choose to donate to charitable organizations.
SS.912.FL.2.Su.g
Identify what institutions do to protect consumers.

Participatory

SS.912.FL.2.Pa.a
Participate in consumer decisions based on the price of goods or services, price of alternatives and consumer’s income as well as his or her preferences.
SS.912.FL.2.Pa.b
Recognize that the consumption of goods and services can have positive and negative effects on others.
SS.912.FL.2.Pa.c
Identify the difference between durable and nondurable goods/products.
SS.912.FL.2.Pa.d
Recognize a way that a consumer may be influenced by how the price of a good is expressed.
SS.912.FL.2.Pa.e
Recognize that gathering information affects the costs and benefits when making purchases.
SS.912.FL.2.Pa.f
Identify why people may choose to donate to charitable organizations.
SS.912.FL.2.Pa.g
Recognize that institutions protect consumers.

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