Social Studies: Civics and Economics
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fcps curriculm
Social Studies
Civics and Economics
Overview 

Civics and Economics, taught in eighth grade, includes basic knowledge and understanding of the concepts and processes of democratic government and the American economic system. Students learn the meaning of individual rights and responsibilities; the ideals of liberty, justice, and equality; and the rule of law. Students develop an understanding of public and personal economic and financial decisions. A service learning component helps students personalize citizenship education.
Other Standards for Social Studies, Civics and Economics :
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standard 10

DEMONSTRATE THE STRUCTURE AND OPERATION OF THE US ECONOMY

  benchmark 10.a Describe Types of Business Organizations & Role of Entrepreneurship
    indicator 10.a.1 Describe the proprietorship form of business organization
    indicator 10.a.2 Describe the partnership form of business organization
    indicator 10.a.3 Describe the corporation form of business organization
    indicator 10.a.4 Describe the characteristics of an entrepreneur
    indicator 10.a.5 Assess advantages & disadvantages of different business organizations
  benchmark 10.b Explain the Circular Flow of Consumer, Producer, Market Interactions
    indicator 10.b.1 Explain how saving and investment produce financial capital
    indicator 10.b.2 Describe the role of individuals in the economy's circular flow
    indicator 10.b.3 Describe the role of businesses in the economy's circular flow
    indicator 10.b.4 Describe the role of government in the economy's circular flow
  benchmark 10.c Explain How Financial Institutions Encourage Saving and Investing
    indicator 10.c.1 Identify different types of private financial institutions
    indicator 10.c.2 Explain how private financial institutions get deposits & make loans
    indicator 10.c.3 Explain the role of interest in encouraging saving and investing
  benchmark 10.d Examine the Relationship of VA and the US to the Global Economy
    indicator 10.d.1 Define the global economy
    indicator 10.d.2 Analyze the reasons that states and nations trade
    indicator 10.d.3 Explain that VA and the US specialize in certain goods and services
    indicator 10.d.4 Assess impact of technological innovations on the global economy
  benchmark 10.e Make Effective Economic Decisions as Informed Consumers
    indicator 10.e.1 Describe and evaluate common forms of credit
    indicator 10.e.2 Describe and evaluate common forms of savings and investments
    indicator 10.e.3 Describe and evaluate common forms of purchases
    indicator 10.e.4 Describe and evaluate common forms of contractual agreements
    indicator 10.e.5 Describe and evaluate common forms of warranties and guarantees
    indicator 10.e.6 Apply economic knowledge to make informed decisions
Other Standards for Social Studies, Civics and Economics :
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