Standard 3: Understand the fundamental concepts and interrelationships of the United States economy in the international marketplace.

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.

Independent

SS.7.E.3.In.a
Recognize that currencies from different countries can be exchanged for trade.
SS.7.E.3.In.b
Recognize that currencies from different countries can be exchanged for trade.
SS.7.E.3.In.c
Identify differences between a single resource economy and a diversified economy.
SS.7.E.3.In.d
Identify characteristics of the standard of living in the United States and other countries.

Supported

SS.7.E.3.Su.a
Recognize that countries use different types of currency for trade.
SS.7.E.3.Su.b
Recognize that countries use different types of currency for trade.
SS.7.E.3.Su.c
Recognize a difference between a single resource economy and a diversified economy.
SS.7.E.3.Su.d
Recognize characteristics of the standard of living in the United States.

Participatory

SS.7.E.3.Pa.a
Recognize coins or bills from the United States.
SS.7.E.3.Pa.b
Recognize coins or bills from the United States.
SS.7.E.3.Pa.c
Recognize a product of an economy.
SS.7.E.3.Pa.d
Recognize that some people have more than others.

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