Arizona
5th Grade
State Standards
Civic Responsibility
5: A financially literate individual understands how to manage income, spending, and investment.
5.E1.1: Give examples of financial risks that individuals and households face within the context of the time period studied.
E2: By applying economic reasoning, individuals seek to understand the decisions of people, groups, and societies.
5.E2.1: Compare the benefits and costs of individual choices within the context of key historical events.
E3: Individuals and institutions are interdependent within market systems.
5.E3.1: Develop an understanding of the characteristics of entrepreneurship within a market economy and apply these characteristics to individuals during the time‑period studied.
E4: The domestic economy is shaped by interactions between government, institutions, and the private sector.
5.E4.1: Describe how government decisions on taxation, spending, protections, and regulation affected the national economy during the time‑period being studied.
5.E4.2: Analyze how agriculture, new industries, innovative technologies, changes in transportation, and labor impacted the national economy during the time‑period being studied.
E5: The interconnected global economy impacts all individuals and groups in significant and varied ways.
5.E5.1: Generate questions to explain how trade leads to increasing economic interdependence on different nations.