Financial Literacy Activity Code: 2705 Academic Standards and Indicators (Alignment Reference)

English and Language Arts

SC Standard A1. Reading: Literary Text Reading-Literary Text: Principles of Reading (P) Standard 1: Demonstrate understanding of the organization and basic features of print. Standard 2: Demonstrate understanding of spoken words, syllables, and sounds. Standard 3: Know and apply grade-level phonics and word analysis skills when decoding words. Standard 4: Read with sufficient accuracy and fluency to support comprehension. Reading-Literary Text: Meaning and Context (MC) Standard 5: Determine meaning and develop logical interpretations by making predictions, inferring, drawing conclusions, analyzing, synthesizing, providing evidence, and investigating multiple interpretations. Standard 6: Summarize key details and ideas to support analysis of thematic development. Standard 7: Analyze the relationship among ideas, themes, or topics in multiple media and formats, and in visual, auditory, and kinesthetic modalities. Reading-Literary Text: Language, Craft, and Structure (LCS) Standard 10: Apply a range of strategies to determine and deepen the meaning of known, unknown, and multiple-meaning words, phrases, and jargon; acquire and use general academic and domain-specific vocabulary. Standard 11: Analyze and provide evidence of how the author’s choice of point of view, perspective, or purpose shapes content, meaning, and style. Standard 12: Analyze and critique how the author uses structures in print and multimedia texts to shape meaning and impact the reader. Reading-Literary Text: Range and Complexity (RC) Standard 13: Read independently and comprehend a variety of texts for the purposes of reading for enjoyment, acquiring new learning, and building stamina; reflect and respond to increasingly complex text over time.

SC Standard A2. Reading: Informational Text (RI) Reading-Informational Text: Principles of Reading (P) Standard 1: Demonstrate understanding of the organization and basic features of print. Standard 2: Demonstrate understanding of spoken words, syllables, and sounds. Standard 3: Know and apply grade-level phonics and word analysis skills when decoding words. Standard 4: Read with sufficient accuracy and fluency to support comprehension. Reading-Informational Text: Meaning and Context (MC) Standard 5: Determine meaning and develop logical interpretations by making predictions, inferring, drawing conclusions, analyzing, synthesizing, providing evidence, and investigating multiple interpretations. Standard 6: Summarize key details and ideas to support analysis of central ideas. Reading-Informational Language, Craft, and Structure (LCS)

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Standard 9: Apply a range of strategies to determine and deepen the meaning of known, unknown, and multiple-meaning words, phrases, and jargon; acquire and use general academic and domain-specific vocabulary. Reading-Informational Text: Range and Complexity (RC) Standard 12: Read independently and comprehend a variety of texts for the purposes of reading for enjoyment, acquiring new learning, and building stamina; reflect and respond to increasingly complex text over time.

SC Standard A3. Reading: Building Vocabulary Reading-Informational Text: Principles of Reading (P) Standard 2: Demonstrate understanding of spoken words, syllables, and sounds Standard 3: Know and apply grade-level phonics and word analysis skills when decoding words. Reading-Informational Text: Language, Craft, and Structure (LCS) Standard 9: Interpret and analyze the author’s use of words, phrases, and conventions, and how their relationships shape meaning and tone in print and multimedia texts.

SC Standard A4. Writing: Developing Written Communications (W) Writing: Meaning, Context, and Craft (MCC) Standard 1: Write arguments to support claims with clear reasons and relevant evidence. Standard 2: Write informative/explanatory texts to examine and convey complex ideas and information clearly and accurately through the effective selection, organization, and analysis of content.

SC Standard A5. Writing: Producing Written Communications in a Variety of Forms Writing: Meaning, Context, and Craft (MCC) Writing: Language (L) Standard 4: Demonstrate command of the conventions of standard English grammar and usage when writing and speaking. Standard 5: Demonstrate command of the conventions of standard English capitalization, punctuation, and spelling when writing. Writing: Range and Complexity (RC) Standard 6: Write independently, legibly, and routinely for a variety of tasks, purposes, and audiences over short and extended time frames.

SC Standard A6. Researching: Applying the Skills of Inquiry and Oral Communication Inquiry-Based Literacy Standards (I) Standard 1: Formulate relevant, self-generated questions based on interests and/or needs that can be investigated. Standard 2: Transact with texts to formulate questions, propose explanations, and consider alternative views and multiple perspectives. Standard 3: Construct knowledge, applying disciplinary concepts and tools, to build deeper understanding of the world through exploration, collaboration, and analysis. Standard 4: Synthesize information to share learning and/or take action. Standard 5: Reflect throughout the inquiry process to assess metacognition, broaden understanding, and guide actions, individually and collaboratively. Reading-Informational Text: Meaning and Context (MC)

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Standard 7: Analyze the relationship among ideas, themes, or topics in multiple media and formats, and in visual, auditory, and kinesthetic modalities. Communication: Meaning and Context (MC) Standard 1: Interact with others to explore ideas and concepts, communicate meaning, and develop logical interpretations through collaborative conversations; build upon the ideas of others to clearly express one’s own views while respecting diverse perspectives. Standard 2: Articulate ideas, claims, and perspectives in a logical sequence using information, findings, and credible evidence from sources. Standard 3: Communicate information through strategic use of multiple modalities and multimedia to enrich understanding when presenting ideas and information.

MATHEMATICS ACADEMIC STANDARDS

Elementary Algebra (Algebra 1, Foundations in Algebra, Intermediate algebra, Algebra 2) SC Standard 7. The student will understand and utilize the mathematical processes of problem solving, reasoning and proof, communication, connections, and representation. (SCEA-1)

SC Standard A8. The student will demonstrate through the mathematical processes an understanding of relationships and functions. (SCEA-3) Interpreting Functions FIF.2* Evaluate functions and interpret the meaning of expressions involving function notation from a mathematical perspective and in terms of the context when the function describes a real- world situation.

Probability and Statistics SC Standard A12. The student will understand and utilize the mathematical processes of problem solving, reasoning and proof, communication, connections, and representation. (SCPS- 1) Conditional Probability and Rules of Probability SPCR.1 Describe events as subsets of a sample space and a. Use Venn diagrams to represent intersections, unions, and complements. b. Relate intersections, unions, and complements to the words and, or, and not. c. Represent sample spaces for compound events using Venn diagrams.

SC Standard A13. The student will demonstrate through the mathematical processes an understanding of the design of a statistical study. (SCPS-2) Making Inferences and Justifying Conclusions PS.SPMJ.2* Distinguish between experimental and theoretical probabilities. Collect data on a chance event and use the relative frequency to estimate the theoretical probability of that event. Determine whether a given probability model is consistent with experimental results.

SCIENCE ACADEMIC STANDARDS-None

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SOCIAL STUDIES ACADEMIC STANDARDS

Economics SC Standard A25. The student will demonstrate an understanding of how scarcity and choice impact the economic activity of families, businesses, communities, and nations. (SC ECON-1) ECON-1.1 Explain that the practice of economic decision making is an evaluation process that measures additional benefits versus additional costs. ECON-1.3 Apply the concept that people respond to positive and negative incentives to past and current economic decisions.

SC Standard A26. The student will demonstrate an understanding of how markets facilitate exchange and how market regulation costs both consumers and producers. (SC ECON-2) ECON-2.1 Illustrate how markets are created when voluntary exchanges occur between buyers and sellers. ECON-2.2 Explain how efficient markets allocate goods, services, and the factors of production in a market-based economy. ECON-2.3 Illustrate how competition among sellers lowers costs and prices. ECON-2.4 Illustrate how an economically efficient market allocates goods and services to the buyers who are willing to pay for them. ECON-2.5 Explain how business cycles, market conditions, government policies, and inequalities affect the living standards of individuals and other economic entities.

SC Standards A27. The student will demonstrate an understanding of how personal financial decisions affect an individual’s present and future economic status. (SC ECON-5) ECON-5.1 Explain how individuals make personal economic decisions and how current spending and acquisition of debt can impact future income. ECON-5.2 Explain that income for most people is determined by the market value of the productive resources they sell. ECON-5.3 Explain how wage rates for most workers depend upon the market value of what the workers produce for the marketplace.

United States History and Constitution SC Standard A32. The student will demonstrate an understanding of social, economic and political issues in contemporary America. (USHC-8) USHC-8.5 Summarize key political and economic issues of the last twenty-five years, including continuing dependence on foreign oil; trade agreements and globalization; health and education reforms; increases in economic disparity and recession; tax policy; the national surplus, debt, and deficits; immigration; presidential resignation/impeachment; and the elections of 2000 and 2008.

TECHNOLOGY STANDARDS

Creativity and Innovation SC Standard A36. Students will demonstrate creative thinking, construct knowledge, and develop innovative products and processes using technology. (ISTE-1)  Apply existing knowledge to generate new ideas, products, or processes.  Create original works as a means of personal or group expression.

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 Use models and simulations to explore complex systems and issues.

Communication and Collaboration SC Standard A37. Students use digital media and environments to communicate and work collaboratively, including at a distance, to support individual learning and contribute to the learning of others. (ISTE-2)  Interact, collaborate, and publish with peers, experts, or others employing a variety of digital environments and media.  Communicate information and ideas effectively to multiple audiences using a variety of media and formats.  Develop cultural understanding and global awareness by engaging with learners of other cultures.  Contribute to project teams to produce original works or solve problems.

Research and Information Fluency SC Standard A38. Students apply digital tools to gather, evaluate, and use information. ISTE-3)  Plan strategies to guide inquiry.  Locate, organize, analyze, evaluate, synthesize, and ethically use information from a variety of sources and media.  Evaluate and select information sources and digital tools based on the appearance to specific tasks.  Process data and report results.

Critical Thinking, Problem Solving, and Decision Making SC Standard A39. Students use critical thinking skills to plan and conduct research, manage projects, solve problems, and make informed decisions using appropriate digital tools and resources. (ISTE-4)  Identify and define authentic problems and significant questions for investigation.  Plan and manage activities to develop a solution or complete a project.  Collect and analyze data to identify solutions and/or make informed decisions.  Use multiple processes and diverse perspectives to explore alternative solutions.

Digital Citizenship SC Standard A40. Students understand human, cultural, and societal issues related to technology and practice legal and ethical behavior. (ISTE-5)  Advocate and practice safe, legal, and responsible use of information and technology.  Exhibit a positive attitude toward using technology that supports collaboration, learning, and productivity.  Demonstrate personal responsibility for lifelong learning.  Exhibit leadership for digital citizenship.

Technology Operations and Concepts SC Standard A41. Students will demonstrate a sound understanding of technology concepts, systems and operations. (ISTE-6)  Understand and use technology systems.

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 Select and use applications effectively and productively.  Troubleshoot systems and applications.  Transfer current knowledge to learning of new technologies.

SECRETARY’S SKILLS ON ACHIEVING NECESSARY COMPETENCIES (SCANS) SKILLS

SC Standard A42. Resources: Identifies, organizes, plans, and allocates resources  Time--Selects goal-relevant activities, ranks them, allocates time, and prepares and follows schedules  Money--Uses or prepares budgets, makes forecasts, keeps records, and makes adjustments to meet objectives  Material and Facilities--Acquires, stores, allocates, and uses materials or space efficiently  Human Resources--Assesses skills and distributes work accordingly, evaluates performance and provides feedback

SC Standard A43. Interpersonal: Works with others  Participates as Member of a Team--contributes to group effort  Teaches Others New Skills  Serves Clients/Customers--works to satisfy customers' expectations  Exercises Leadership--communicates ideas to justify position, persuades and convinces others, responsibly challenges existing procedures and policies  Negotiates--works toward agreements involving exchange of resources, resolves divergent interests  Works with Diversity--works well with men and women from diverse backgrounds

SC Standard A44. Information: Acquires and uses information  Acquires and Evaluates Information  Organizes and Maintains Information  Interprets and Communicates Information  Uses Computers to Process Information

SC Standard A45. Systems: Understands complex inter-relationships  Understands Systems--knows how social, organizational, and technological systems work and operates effectively with them  Monitors and Corrects Performance--distinguishes trends, predicts impacts on systems operations, diagnoses deviations in systems' performance and corrects malfunctions  Improves or Designs Systems--suggests modifications to existing systems and develops new or alternative systems to improve performance

SC Standard A46. Technology: Works with a variety of technologies

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 Selects Technology--chooses procedures, tools or equipment including computers and related technologies  Applies Technology to Task--Understands overall intent and proper procedures for setup and operation of equipment  Maintains and Troubleshoots Equipment--Prevents, identifies, or solves problems with equipment, including computers and other technologies

SC Standard A47. THE FOUNDATION: Competence requires  Basic Skills: reading, writing, arithmetic and mathematics, speaking and listening  Thinking Skills: thinking creatively, making decisions, solving problems, seeing things in the mind’s eye, knowing how to learn, and reasoning  Personal Qualities: individual responsibility, self-esteem, sociability, self-management and integrity

Tables excerpted from What Work Requires of Schools: A SCANS Report for America 2000, U.S. Department of Labor, June 1991, pp. xvii-xviii

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