Economic Education Standards

Nebraska Standards for Concept "Taxes"

Social Studies 8.3.3
Students will compare the policy-making process at the local, state, and national levels of government.
Example Indicators:

Explain the functions of departments, agencies, and regulatory bodies.

Explain the ways that individuals and cultural, ethnic, and other interest groups can influence government policy
makers.

Social Studies 8.3.6
Students will compare the United States economic system to systems in other countries.
Example Indicators:

Describe the government's role in the United States economy, e.g., provision of public goods and services, protection of consumer rights, and the promotion of competition.

Describe the impact of government policies, on individuals and businesses, taxation, and government borrowing

Explain how the government addresses third-party costs and benefits, e.g., pollution and medical research.

Explain the differences between traditional command and market economics.

Analyze the costs and benefits of instituting different degrees of market, command, and traditional characteristics in to mixed economic systems.