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Personal Finance Standards Database

Wyoming
Wyoming

6th-8th Grades

State Standards
Financial Literacy – Production, Distribution, and Consumption
SS8.3.1Identify and apply basic economic concepts (e.g., supply, demand, production, exchange and consumption, labor, wages, scarcity, prices, incentives, competition, and profits).
SS8.3.2Compare and contrast how people organize for the production, distribution, and consumption of goods and services in various economic systems (e.g., characteristics of market, command, and mixed economies).
SS8.3.3Describe the impact of technological advancements on production, distribution, and consumption.
SS8.3.4Explain or illustrate how money is used by individuals, groups, and financial institutions.
SS8.3.5Describe how values and beliefs influence individual, family, and business decisions (microeconomics).