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Conceptual Understanding
SS.12E.1.d:
To be an informed participant in the global economy one must be aware of inflation and have an understanding how international currencies fluctuate in value relative to the United States dollar.
Standards Finder
NYS Social Studies Framework
Grade 12: Economics, the Enterprise System, and Finance
INDIVIDUAL RESPONSIBILITY AND THE ECONOMY: Individuals should set personal financial goals, recognize their income needs and debt obligations, and know how to utilize effective budgeting, borrowing, and investment strategies to maximize well‐being.
To be an informed participant in the global economy one must be aware of inflation and have an understanding how international currencies fluctuate in value relative to the United States dollar.
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