TEKS: Chapter 118. Economics See All Teacher Resources

118.4.c.12

(12) Economics. The student understands the role of money in an economy. The student is expected to:

• (A) describe the functions of money;
• (B) describe the characteristics of money, including commodity money, fiat money, and representative money; and
• (C) examine the positive and negative aspects of barter, currency, credit cards, and debit cards.