State of New Jersey Department of Education

Standard 6.5 - Economics

Cumulative Progress Indicators with Strands

By the end of Grade 2, students will:

A. Economic Literacy

  1. Identify the basic goods and services a family needs for everyday life.
  2. Explain how the products individuals eat, wear, and use impact their health and safety and the environment.
  3. Identify various forms of currency (e.g., penny, nickel, quarter, dollar).
  4. Explain what it means to “save” money.

B. Economics and Society

  1. Identify various jobs and explain how workers in these jobs receive income for their work.