Economics and Financial Literacy

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Understand how the physical environment and human interaction affected the economic activities of various civilizations, societies and regions.
Explain how conflict, compromise and negotiation over the availability of resources (i.e. natural, human and capital) impacted the economic development of various civilizations, societies and regions (e.g., competition for scarce resources, unequal distribution of wealth and the emergence of powerful trading networks).
Explain how quality of life is impacted by economic choices of civilizations, societies and regions.
Explain how conflict, compromise and negotiation over the availability of resources (i.e. natural, human and capital) impacted the economic development of various civilizations, societies and regions (e.g., competition for scarce resources, unequal distribution of wealth and the emergence of powerful trading networks)

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