Maine
1st GradeState Standards
Students draw from concepts and processes in personal finance to understand issues of money management, saving, investing, credit, and debt; students draw from concepts and processes in economics to understand issues of production, distribution, consumption in the community, Maine, the United States, and the world.
Personal Finance: Students understand the nature of personal finance as well as key foundational ideas by describing how spending, saving, and sharing are ways to use money.
Economics: Students understand the nature of economics as well as key foundational ideas by explaining and making decisions about how to use scarce resources to meet their needs and wants.
Global Connections: Students understand the influence of economics on individuals and groups in the United States and the World, including Maine Native Americans, by identifying how individuals, families, and communities are influenced by economic factors.