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Standards for Grade 3
418. POLITICAL, SOCIAL, AND ECONOMIC RESPONSE TO INDUSTRIALIZATION AND TECHNOLOGICAL INNOVATION.
| Standard - The student will: |
Content Knowledge and Skills: |
Bank Jr.com |
Bankjr.com Topic |
| 01. Understand the political, social, and economic responses to industrialization and technological innovations that have occurred in the United States. |
| a. Identify ways machines and technology have evolved over time and have changed the lives of people. |
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| b. Compare how machines and technology are used in homes, schools, communities, and the global community. |
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| c. Name some of the changes that have occurred to the local community due to technological advances. |
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424. ECONOMIC FUNDAMENTALS.
| Standard - The student will: |
Content Knowledge and Skills: |
Bank Jr.com |
Bankjr.com Topic |
| 01. Understand basic economic concepts. |
| a. Explain the difference between goods and services. |
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| b. Explain the concepts of supply and demand and the role of the consumer and producer. |
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| c. Explain the difference between public and private property. |
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Private and Public |
| d. Describe savings and checking accounts at a bank and explain their purposes and benefits. |
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Checking Accounts
Savings Accounts
Banking from Home
Commercial Banks |
425. ECONOMIC INFLUENCES.
| Standard - The student will: |
Content Knowledge and Skills: |
Bank Jr.com |
Bankjr.com Topic |
| 01. Understand that there are many influences on economic systems. |
| a. Identify examples of transportation and communication networks in the local community and explain how they encourage economic prosperity and growth. |
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| b. Explain how land, natural resources, labor, trade, and technology affect economic activities in the local community. |
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