EconEdLink

National
Standards in Economics

Below are the National Standards in Economics that most closely relate to the following lesson.


LESSON

Focus on Economic Data: U.S. Gross Domestic Product - October 27, 2006 ~ http://www.econedlink.org/e713

Grades: 9-12


STANDARDS

Name: Economic Growth

Standard: 15

  • Students will understand that: Investment in factories, machinery, new technology, and in the health, education, and training of people stimulates economic growth and can raise future standards of living.
  • Students will be able to use this knowledge to: Predict the consequences of investment decisions made by individuals, businesses, and governments.