SS.912.FL.1.5

Discuss reasons why changes in economic conditions or the labor market can cause changes in a worker’s income or may cause unemployment.

Clarifications

Explain how an increase in the demand for mobile applications might impact the wages paid to software developers.
Explain the effects of a recession on the unemployment rate.
General Information
Subject Area: Social Studies
Grade: 912
Strand: Financial Literacy
Standard: Earning Income
Date Adopted or Revised: 04/15
Status: State Board Approved

Related Courses

This benchmark is part of these courses.
2102800: Florida’s Preinternational Baccalaureate Comparative Economics With Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2022 (current), 2022 and beyond)
2102335: Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022 (current), 2022 and beyond)
2102340: Economics with Financial Literacy for Credit Recovery (Specifically in versions: 2015 - 2018, 2018 - 2022 (current), 2022 and beyond)
2102345: Economics with Financial Literacy Honors (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022 (current), 2022 and beyond)
2102372: Personal Financial Literacy (Specifically in versions: 2015 - 2018, 2018 - 2019, 2019 - 2022 (current), 2022 and beyond)
2102374: Personal Financial Literacy Honors (Specifically in versions: 2015 - 2018, 2018 - 2019, 2019 - 2022 (current), 2022 and beyond)
7921021: Access Personal Financial Literacy (Specifically in versions: 2019 and beyond (current))
2100362: Latin American Studies Honors (Specifically in versions: 2020 - 2022 (current), 2022 - 2023, 2023 and beyond)

Related Access Points

Alternate version of this benchmark for students with significant cognitive disabilities.
SS.912.FL.1.In.e: Explain the reasons why changes in the economy can cause changes in a worker’s job status or income.
SS.912.FL.1.Su.e: Identify the reasons why changes in the economy can cause changes in a worker’s job status or income.
SS.912.FL.1.Pa.e: Identify the reasons why the economy can cause changes in a worker’s job status or income.

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