General Information
Number: SS.7.E.3
Title: Understand the fundamental concepts and interrelationships of the United States economy in the international marketplace.
Type:
Standard
Subject: Social Studies
Grade: 7
Strand: Economics
Related Benchmarks
This cluster includes the following benchmarks.
Related Access Points
This cluster includes the following access points.
Access Points
SS.7.E.3.AP.1
Identify that various currencies from different countries can be exchanged for trade.
SS.7.E.3.AP.2
Identify that the changing value of currency increases or decreases trade of goods and services between nations.
SS.7.E.3.AP.3
Identify the differences and similarities between a single resource economy and a diversified economy.
SS.7.E.3.AP.4
Compare and contrast the standard of living in various countries today to that of the United States using gross domestic product (GDP) per capita as an indicator.
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