Sign up for a FREE EconEdLink membership for access to a dashboard to save your favorite lesson plans and other resources, as well as a  20% discount at the Council for Economic Education store, offering best-in-class publications including Financial Fitness for Life, and High School Economics. BECOME A MEMBER!

Standards for Checking Out Checking Accounts

Jump to:

National Standards in Financial Literacy

Name: Buying Goods and Services

Standard:

  • Students will understand that: People cannot buy or make all the goods and services they want; as a result, people choose to buy some goods and services and not buy others. People can improve their economic wellbeing by making informed spending decisions, which entails collecting information, planning, and budgeting.

State Standards