V The Consumer and the Economic System

TEA Units of Study: TEKS "Knowledge and skills" subsections covered:

A. Consumer rights and responsibilities

  • (1) The student demonstrates management of individual and family resources such as finances, food, clothing, shelter, health care, recreation, transportation, time, and human capital.
    • (A) analyze the economic rights and responsibilities of individuals as consumers

B. Personal aspects of consumer choices

  • (1) The student demonstrates management of individual and family resources such as finances, food, clothing, shelter, health care, recreation, transportation, time, and human capital.
    • (C) develop and apply multiple strategies for individuals and families to make choices to satisfy needs and wants

C. Impact of media and technology on consumer choices

  • (1) The student demonstrates management of individual and family resources such as finances, food, clothing, shelter, health care, recreation, transportation, time, and human capital.
    • (E) analyze the impact of media and technological advances on family and consumer decisions

D. Impact of government regulations

  • (5) The student analyzes relationships between the economic system and consumer actions.
    • (A) analyze economic effects of laws and regulations that pertain to consumers and providers of services

E. Impact of taxation

  • (5) The student analyzes relationships between the economic system and consumer actions.
    • (B) identify types of taxes at the local, state, and national levels and the economic importance of each

F. Charitable giving

  • (2) The student demonstrates management of financial resources to meet the goals of individuals and families across the life span.
    • (F) investigate the benefits of charitable giving

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