USA National Standards for Concept "Spending"
National Standard Number: 7
Markets exist when buyers and sellers interact. This interaction determines market prices and thereby allocates scarce goods and services.
Online lessons on US Standard 7 from the National Council on Economic Education Website.
National Standard Number: 11
Money makes it easier to trade, borrow, save, invest, and compare the value of goods and services.
Online lessons on US Standard 11 from the National Council on Economic Education Website.