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 (Discontinued after 2023-2024)

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Access Points

Compare consumer decisions based on the price of goods or services, price of alternatives and consumer’s income.
Explain how the consumption of goods and services can have positive and negative effects on others.
Explain why consumers choose products based on factors such as product features, durability, maintenance cost and length of use.
Explain a way that a consumer may be influenced by how the price of a good is expressed.
Describe how the information gathered affects decision making when researching costs and benefits related to purchasing goods and services.
Recognize that people may choose to donate to charitable organizations because they gain satisfaction from donating.
Explain why governments establish laws and institutions to protect consumers.

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