Unpacked Content
Knowledge
Students know:
- Economic decisions result in costs and benefits for nations and individuals.
- Different countries utilize varying means of addressing social and economic problems.
- World affairs are shaped by the trade patterns of countries.
Skills
Students are able to:
- Identify recurring trends in history revealing existing patterns.
- Compare and contrast ways in which countries address existing social and economic problems.
- Identify cause-effect relationships between government actions and their economies.
Understanding
Students understand that:
- There is a relationship between government actions and economic trends as found within news stories of current events.
Vocabulary
- compare/contrast
- cost/benefit
- interdependent world
- economic problem
- social problem
- trade
- historical pattern