Social Studies - 2018-19

CE.14a, b, c, d, e, f - Personal Finance + Career Opportunities

The student will apply social science skills to understand personal finance and career opportunities by

a) identifying talents, interests, and aspirations that influence career choice;

b) identifying human capital such as attitudes and behaviors that strengthen the individual work ethic and promote career success;

c) identifying human capital such as abilities, skills, and education and the changing supply of and demand for them in the economy;

d) examining the impact of technological change and globalization on career opportunities;

e) describing the importance of education to lifelong personal finances; and

f) analyzing the financial responsibilities of citizenship, including evaluating common forms of credit, savings, investments, purchases, contractual agreements, warranties, and guarantees.

Adopted: 2015



An awareness of personal talents, interests, and aspirations is needed to select a career.

Attitudes and behaviors that support a strong work ethic enhance career success.

There is a correlation among skills, education, and income.

Changes in technology influence the abilities, skills, and education needed in the work force.


Human capital refers to the combination of a person’s education, knowledge, skill, experience, health, training, and talent. People develop their human capital through formal and informal education. People who have invested in their own human capital have the potential to produce more, earn more, and choose a career that is satisfying to them.

Career planning starts with self-assessment.

Employers seek employees who demonstrate the attitudes and behaviors of a strong work ethic.

Higher skill and/or education levels generally lead to higher incomes.

Supply and demand also influence job income.

Employers seek individuals who have kept pace with technological changes by updating their skills.

Technological advancements create new jobs in the workplace.

Technology and information flows permit people to work across international borders. This structure creates competition from foreign workers for United States jobs but also may create opportunities for United States workers to work for companies based in other countries.

Being fiscally responsible includes making careful spending decisions, saving and investing for the future, having insurance, keeping to a budget, and using credit wisely, as well as understanding how contracts, warranties, and guarantees can protect the individual.


Updated: May 16, 2018