8.E.1.2

8.E.1.2 Use economic indicators (e.g. GDP, inflation and unemployment) to evaluate the growth and stability of the economy of North Carolina and the United States. || ===‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**Literacy Standard(s)**=== || 8.TT.1.1 Use appropriate technology tools and other resources to access information (search engines, electronic databases, digital magazine articles). ||  ||   ||   || ===‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**Revised Bloom's Level of thinking**=== || ===‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**Learning Target/Task Analysis**=== The student will understand: The student will know:
 * ===Clarifying Objective===
 * ===‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**Information Technology Standard:**===
 * As unemployment and inflation increase, economic growth may become stagnant, making the economy unstable.
 * As gross national product increases, so does the stability of a nation’s economy.
 * The quality of a nation’s productive resources is a good predictor of economic growth and stability.
 * How gross domestic product (GDP), inflation and unemployment are determined.

‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**I can...**
A) I can explain how gross domestic product (GDP) is determined. B) I can explain how inflation is determined. C) I can explain how unemployment is determined.

‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**Essential Vocabulary:**
Conflict, Cooperation, Competition, Economic Indicators, Personal Financial Choices, Quality of Life

===‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**Instructional Resources**=== [] Historic Inflation Data - [] Historic GDP Data - []
 * Unemployment data from Bureau of Labor Statistics -** [] or

===‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍**Notes and Additional Information**===