SOL

b.   explaining the circular flow that shows how consumers (households), businesses (producers), and  markets interact.

c.   explaining how financial institutions encourage saving and investing.

d.   examining the relationship of Virginia and the United States to the global economy, with emphasis on the impact of technological innovations.

SOL

a.   examining competition in the marketplace.

b.  explaining the creation of public goods and services.

c.  describing the impact of taxation, including an understanding of the reasons for  the 16^th Amendment, spending, and borrowing.

d.  explaining how the Federal Reserve System regulates the money supply.

e.  describing the protection of consumer rights and property rights.

SOL

a.  identifying talents, interest, and aspirations that influence career choice;

b.  identifying attitudes and behaviors that strengthen the individual work ethic and promote career    success

c.  identifying skills and education that careers require;

d.  examining the impact of technological change on career opportunities.

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