Standard+6+-+Manage+Risks+and+Preserve+Wealth

   ||   //(Risk Management G.1) // ||  || within the life cycle.         <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> //<span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">(Risk Management G.2) // || <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> //<span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;">(Critical Consumer E.2) // || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || including public institutions and private organization**s** (professionals, publications, and internet). <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> //<span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;">(Critical Consumer E.5) // || <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> || <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt; mso-bidi-font-weight: bold;"> || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">
 * Standard 6: Manage Risks and Preserve Wealth ** – Students will develop skills to balance financial planning against financial risk. ||
 * Grades 3-5 ** ||
 * Grades 6-8 ** ||
 * Grades 9-12 ** ||
 * 6.5.A ** See grade bands 6-8 and 9-12
 * Grades 9-12 ** ||
 * 6.5.A ** See grade bands 6-8 and 9-12
 * 6.5.A ** See grade bands 6-8 and 9-12
 * 6.8.A ** Examine strategies that protect income and wealth.
 * 6.8.A.1 ** Identify circumstances that impact income and wealth.
 * 6.8.A.2 ** Describe forms of financial risk and risk tolerance.
 * 6.8.A.3 ** Recognize forms of protection against financial loss.
 * 6.12.A ** Evaluate the strategies that protect income and wealth.
 * 6.12.A.1 **  Explain circumstances that impact income and wealth.
 * 6.12.A.2 ** Analyze forms of financial risk with varying degrees of risk tolerance.
 * 6.12.A.3 **  Strategize methods to minimize financial loss.
 * 6.5.B ** Explain the need for and value of various types of insurance
 * 6.5.B ** Explain the need for and value of various types of insurance
 * 6.5.B.1 ** Explain reasons for insurance.
 * 6.8.B ** Examine the need for and value of various types of insurance (such as health, property, life, disability, and liability) within the life cycle.
 * 6.8.B.1 ** Describe the need for and value of different types of insurance.
 * 6.8.B.2 ** Identify factors to consider when determining the amount of protection needed.
 * 6.8.B.3 ** Identify strategies to lower insurance costs.
 * 6.8.B.4 ** Describe ways for protecting current and future personal assets against financial loss.
 * 6.12.B ** Justify the need for and value of various types of insurance (such as health, property, life, disability, and liability) within the life cycle.
 * 6.12.B.1 ** Investigate and apply different types of insurance coverage to selected situations.
 * 6.12.B.2 ** Review and apply criteria to choose insurance coverage for selected situations.
 * 6.12.B.3 ** Compare insurance rates, premiums, and deductibles to minimize costs in selected situations.
 * 6.12.B.4 ** Create an individual or family insurance plan for selected situations.
 * 6.5.C ** Investigate the effects of business practices, including sales techniques.
 * 6.5.C ** Investigate the effects of business practices, including sales techniques.
 * 6.5.C.1 ** Recognize techniques and effects of advertising.
 * 6.5.C.2 ** Identify business practices that affect the consumer.
 * 6.5.C.3 ** Identify the characteristics of an informed consumer.
 * 6.8.C ** Investigate the purposes, strategies, and effects of various business practices, including sales techniques.
 * 6.8.C.1 ** Compare and contrast advertising for opinion versus fact.
 * 6.8.C.2 ** Examine business practices that affect the consumer.
 * 6.8.C.3 ** Explain the characteristics of an informed consumer.
 * 6.12.C ** Evaluate the purposes, strategies, and effects of various business practices, including sales techniques.
 * 6.12.C.1 ** Analyze the influence of advertising and the media on decision making and spending.
 * 6.12.C.2 ** Explain the consequences of business practices to individuals, families, and society.
 * 6.12.C.3 ** Analyze the characteristics of an informed consumer.
 * 6.5.D ** Explain sources of consumer protection and assistance,
 * 6.5.D ** Explain sources of consumer protection and assistance,
 * 6.5.D.1 ** Describe and identify types of fraud.
 * 6.5.D.2 ** Describe identity theft and how it occurs.
 * 6.5.D.3 ** Identify resources that help protect consumers against fraud.
 * 6.5.D.4 ** Describe reasons to keep certain types of information secure and private.
 * 6.5.D.5 ** Identify rights of consumers under consumer protection laws.
 * 6.8.D ** Differentiate sources of consumer protection and assistance, including public institutions and private organizations (professionals, publications, and internet).
 * 6.8.D.1 ** Identify situations that put consumers in financial risk, such sharing account information and co-signing on loans.
 * 6.8.D.2 ** Examine how consumers fall victim to fraud.
 * 6.8.D.3 ** Know what agencies and organizations help protect consumers against fraud.
 * 6.8.D.4 ** Explain the need to keep certain types of information secure and private.
 * 6.8.D.5 ** Distinguish between the rights and responsibilities of buyers and sellers under consumer protection laws.
 * 6.8.D.6 ** List actions to take to dispute a claim.
 * 6.12.D ** Critique sources of consumer protection and assistance including public institutions and private organizations (professionals, publications, and internet).
 * 6.12.D.1 ** Assess situations that put consumers in financial risk, such sharing account information and co-signing on loans.
 * 6.12.D.2 ** Evaluate how fraudulent activities affect consumers and influence the creation of laws.
 * 6.12.D.3 **  Justify which agencies and organizations provide consumers with the best resources to help protect against fraud.
 * 6.12.D.4 ** Justify why certain types of information should be secure and private.
 * 6.12.D.5 ** Explain the rights and responsibilities of buyers and sellers under consumer protection laws such as the “Credit Card Bill of Rights”.
 * 6.12.D.6 ** Apply consumer protection laws to dispute a claim.