Economics and Financial Literacy for K-5
Understand economic systems, with an emphasis on the United States and Financial Literacy
Economics and Financial Literacy Standards for K-5 (2015), related to state (Illinois) or local communities
Economic Decision Making
None apply to Illinois
Exchange and Markets
- SS.EC.3.2. Compare the goods and services that people in the local community produce and those that are produced in other communities.
- SS.EC.2.3. Generate examples of the goods and services that governments provide.
The National and Global Economy
None apply to Illinois
Financial Literacy
- SS.EC.FL.1.1. Explain how people can earn pay or income in exchange for work.
- SS.EC.FL.2.4. Explain that income can be saved, spent on goods and services, or used to pay taxes.
Internet Resources & Links
This is a fairly general and compact site featuring the economy, energy, and transportation in Illinois.