# CTE Resource Center - Verso - Economics and Personal Finance SOL Correlation by Task

CTE Resource Center - Verso

Virginia’s CTE Resource Center

SOL Correlation by Task

A correlation between each state-approved CTE course and Virginia Standards of Learning (SOL) for English, History and Social Science, Mathematics, and Science has been completed by teams of CTE and academic specialists. The correlation identifies, on a statewide basis, standards reinforced by specific tasks/competencies within each course.

In this course, the following tasks/competencies reinforce the standards listed beside them. Teachers may identify additional reinforcements in locally developed instructional materials.

Task/Competency Number Task/Competency Statement Standards
1 Demonstrate creativity and innovation. English 6.1, 6.3, 6.4, 6.6, 6.7, 6.9, 7.1, 7.3, 7.4, 7.6, 7.7, 7.9, 8.1, 8.3, 8.4, 8.6, 8.7, 8.9, 9.1, 9.5, 9.6, 9.8, 10.1, 10.5, 10.6, 10.8, 11.1, 11.5, 11.6, 11.8, 12.1, 12.5, 12.6, 12.8
History and Social Science CE.1, CE.4, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WG.4, WHI.1, WHII.1
Mathematics 6.1, 6.2, 6.3, 6.4, 6.5, 6.6, 6.7, 6.10, 6.11, 6.12, 7.2, 7.3, 7.8, 7.9, 8.2, 8.4, 8.6, 8.7, 8.11, 8.12, 8.17, 8.18, A.9, AFDA.3, AFDA.4, AFDA.5, AFDA.6, AFDA.7, AFDA.8, AII.9, COM.1, COM.3, COM.4, COM.5, COM.8, DM.1*, DM.2*, DM.3*, DM.7, DM.10, PS.3*, PS.4*, PS.7*, PS.9*, PS.10*
Science 6.1, BIO.1, CH.1, ES.1, LS.1, PS.1
2 Demonstrate critical thinking and problem solving. English 6.1, 6.3, 6.4, 6.5, 6.6, 6.7, 6.9, 7.1, 7.3, 7.4, 7.5, 7.6, 7.7, 7.9, 8.1, 8.3, 8.4, 8.5, 8.6, 8.7, 8.9, 9.1, 9.5, 9.6, 9.8, 10.1, 10.5, 10.6, 10.8, 11.1, 11.5, 11.6, 11.8, 12.1, 12.5, 12.6, 12.8
History and Social Science CE.1, CE.4, CE.11, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WG.4, WHI.1, WHII.1
Mathematics 6.1, 6.2, 6.3, 6.4, 6.5, 6.6, 6.10, 6.11, 7.2, 7.3, 7.8, 7.12, 7.13, 8.2, 8.4, 8.8, 8.9, 8.10, 8.11, A.8, A.9, AFDA.3, AFDA.5, AFDA.8, AII.9, AII.10, AII.11, COM.1, COM.3, COM.4, COM.5, COM.8, DM.1*, DM.2*, DM.3*, DM.4, DM.7, DM.9*, G.1, G.13, G.14, PS.9*, PS.10*
Science 6.1, BIO.1, CH.1, ES.1, LS.1, PS.1
3 Demonstrate initiative and self-direction. English 6.1, 6.4, 6.6, 6.7, 6.9, 7.1, 7.4, 7.6, 7.7, 7.9, 8.1, 8.4, 8.6, 8.7, 8.9, 9.1, 9.5, 9.6, 9.8, 10.1, 10.5, 10.6, 10.8, 11.1, 11.5, 11.6, 11.8, 12.1, 12.5, 12.6, 12.8
History and Social Science CE.1, CE.4, CE.11, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
4 Demonstrate integrity. English 6.1, 7.1, 8.1, 9.1, 9.5, 10.1, 10.5, 11.1, 11.5, 12.1, 12.5
History and Social Science CE.1, CE.3, CE.4, GOVT.1, GOVT.16, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
5 Demonstrate work ethic. English 6.1, 7.1, 8.1, 9.1, 10.1, 11.1, 12.1
History and Social Science CE.1, CE.4, CE.14, GOVT.1, GOVT.16, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Science CH.1
6 Demonstrate conflict-resolution skills. English 6.1, 6.2, 6.4, 6.6, 6.7, 6.9, 7.1, 7.2, 7.4, 7.6, 7.7, 7.9, 8.1, 8.2, 8.4, 8.6, 8.7, 8.9, 9.1, 10.1, 11.1, 12.1
History and Social Science CE.1, CE.4, GOVT.1, USI.1, VUS.1
7 Demonstrate listening and speaking skills. English 6.1, 6.2, 6.4, 6.6, 7.1, 7.2, 7.4, 7.6, 8.1, 8.2, 8.4, 8.6, 9.1, 10.1, 11.1, 12.1
History and Social Science CE.1, CE.4, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
8 Demonstrate respect for diversity. English 6.1, 7.1, 8.1, 9.1, 10.1, 11.1, 12.1
History and Social Science CE.1, CE.3, CE.4, GOVT.1, GOVT.16, USI.1, USII.1, USII.9, VUS.1, VUS.13, WG.1, WHI.1, WHII.1
9 Demonstrate customer service skills. English 6.1, 6.4, 6.7, 7.1, 7.4, 7.7, 8.1, 8.4, 8.7, 9.1, 9.5, 9.6, 10.1, 10.5, 10.6, 11.1, 11.5, 11.6, 12.1, 12.5, 12.6
History and Social Science CE.1, CE.4, GOVT.1, GOVT.16, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
10 Collaborate with team members. English 6.1, 7.1, 8.1, 9.1, 10.1, 11.1, 12.1
History and Social Science CE.1, CE.3, CE.4, GOVT.1, GOVT.16, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
11 Demonstrate big-picture thinking. English 6.1, 6.4, 7.1, 7.4, 8.1, 8.4, 9.1, 9.5, 10.1, 10.5, 11.1, 11.5, 12.1, 12.5
History and Social Science CE.1, CE.4, CE.12, GOVT.1, GOVT.15, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
12 Demonstrate career- and life-management skills. English 6.1, 6.7, 7.1, 7.7, 8.1, 8.7, 9.1, 9.6, 10.1, 10.6, 11.1, 11.6, 12.1, 12.6
History and Social Science CE.1, CE.4, CE.12, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Mathematics 8.4
13 Demonstrate continuous learning and adaptability. English 6.1, 6.4, 6.7, 6.9, 7.1, 7.4, 7.7, 7.9, 8.1, 8.4, 8.7, 8.9, 9.1, 9.5, 9.6, 9.8, 10.1, 10.5, 10.6, 10.8, 11.1, 11.5, 11.6, 11.8, 12.1, 12.5, 12.6, 12.8
History and Social Science CE.1, CE.3, CE.4, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Science BIO.1, CH.1, LS.1, PH.1, PH.4, PS.1
14 Manage time and resources. English 6.1, 6.2, 6.4, 6.7, 6.9, 7.1, 7.2, 7.4, 7.7, 7.9, 8.1, 8.2, 8.4, 8.7, 8.9, 9.1, 9.5, 9.6, 9.8, 10.1, 10.5, 10.6, 10.8, 11.2, 11.5, 11.6, 11.8, 12.2, 12.5, 12.6, 12.8
History and Social Science CE.1, CE.4, CE.11, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Mathematics 6.10, 6.11, 6.12, 7.2, 7.3, 7.8, 7.9, 7.10, 7.11, 7.12, 7.13, 8.4, 8.11, 8.12, 8.13, 8.14, 8.17, 8.18, A.4, A.5, A.8, A.9, AFDA.3, AFDA.4, AFDA.5, AFDA.6, AFDA.7, AFDA.8, COM.1, COM.3, COM.5, COM.8
15 Demonstrate information-literacy skills. English 6.1, 6.2, 6.4, 6.6, 6.7, 6.9, 7.1, 7.2, 7.3, 7.4, 7.6, 7.7, 7.9, 8.1, 8.2, 8.3, 8.4, 8.6, 8.7, 8.9, 9.2, 9.5, 9.6, 9.8, 10.2, 10.5, 10.6, 10.8, 11.2, 11.5, 11.6, 11.8, 12.2, 12.5, 12.6, 12.8
History and Social Science CE.1, CE.4, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Mathematics 6.10, 6.11, 7.8, 7.9, 8.11, 8.12, A.8, A.9, AFDA.3, AFDA.4, AFDA.6, AFDA.7, AFDA.8, DM.8, PS.1*, PS.2*, PS.3*, PS.4*, PS.7*, PS.8*, PS.9*, PS.10*
Science 6.1, BIO.1, CH.1, ES.1, LS.1, PH.1, PS.1
16 Demonstrate an understanding of information security. English 6.1, 6.2, 6.3, 6.4, 6.6, 6.7, 6.8, 6.9, 7.1, 7.2, 7.3, 7.4, 7.6, 7.7, 7.8, 7.9, 8.1, 8.2, 8.3, 8.4, 8.6, 8.7, 8.8, 8.9, 9.1, 9.2, 9.5, 9.6, 9.8, 10.1, 10.2, 10.5, 10.6, 10.8, 11.1, 11.2, 11.5, 11.6, 11.8, 12.1, 12.2, 12.5, 12.6, 12.8
History and Social Science CE.1, CE.4, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Mathematics COM.10
17 Maintain working knowledge of current information-technology (IT) systems. English 6.1, 6.3, 6.4, 6.6, 6.9, 7.1, 7.3, 7.4, 7.6, 7.9, 8.1, 8.3, 8.4, 8.6, 8.9
History and Social Science CE.1, CE.4, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Mathematics 7.8, COM.1, COM.2, COM.7, COM.9, COM.10, COM.11, COM.16, COM.18, PS.17
Science BIO.1, CH.1, ES.1, PH.1
18 Demonstrate proficiency with technologies, tools, and machines common to a specific occupation. History and Social Science CE.1, CE.4, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Mathematics 6.10, 6.11, 7.9, 8.4, A.7, A.8, A.9, AFDA.1, AFDA.3, AFDA.5, AII.4, AII.7, AII.9, COM.1, COM.7, COM.10, COM.11, COM.12, COM.16
Science CH.1, ES.1, LS.1, PH.1, PS.1
19 Apply mathematical skills to job-specific tasks. English 6.4, 6.6, 6.7, 7.4, 7.6, 7.7, 8.4, 8.6, 8.7, 9.5, 9.6, 10.5, 10.6, 11.5, 11.6, 12.5, 12.6
History and Social Science CE.1, CE.4, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Mathematics 6.1, 6.2, 6.5, 6.6, 6.12, 6.13, 6.14, 7.1, 7.2, 7.3, 7.4, 7.5, 7.6, 7.8, 7.9, 7.11, 7.12, 7.13, 8.4, 8.5, 8.6, 8.8, 8.9, 8.10, 8.11, 8.12, 8.13, 8.14, 8.15, 8.16, 8.17, 8.18, A.1, A.3, A.4, A.5, A.7, A.8, A.9, AFDA.1, AFDA.3, AFDA.5, AFDA.8, AII.3, AII.7, AII.9, AII.10, COM.1, COM.7
Science 6.1, BIO.1, CH.1, ES.1, LS.1, PH.1, PS.1
20 Demonstrate professionalism. English 6.1, 7.1, 8.1, 9.1, 10.1, 11.1, 12.1
History and Social Science CE.1, CE.4, CE.14, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
21 Demonstrate reading and writing skills. English 6.1, 6.6, 6.7, 7.1, 7.6, 7.7, 8.1, 8.6, 8.7, 9.1, 9.5, 9.6, 9.7, 10.1, 10.5, 10.6, 10.7, 11.1, 11.5, 11.6, 11.7, 12.1, 12.5, 12.6, 12.7
History and Social Science CE.1, CE.4, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Science 6.1, PH.1, PS.1
22 Demonstrate workplace safety. English 6.4, 7.4, 8.4, 9.5, 10.5, 11.5, 12.5
History and Social Science CE.1, CE.4, GOVT.1, USI.1, USII.1, VUS.1, WG.1, WHI.1, WHII.1
Science CH.1
23 Examine aspects of planning within an industry/organization. History and Social Science GOVT.16
28 Examine labor issues related to an industry/organization. History and Social Science GOVT.16
29 Examine community issues related to an industry/organization. History and Social Science GOVT.16
30 Examine health, safety, and environmental issues related to an industry/organization. History and Social Science GOVT.16
39 Describe how consumers, businesses, and government decision-makers face scarcity of resources and must make trade-offs and incur opportunity costs. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
40 Explain that economic choices often have long-term, unintended consequences. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
41 Describe how effective decision-making requires comparing the additional costs (marginal costs) and additional benefits (marginal benefits). English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
42 Identify factors of production. History and Social Science GOVT.1
43 Compare economic systems. History and Social Science GOVT.1
44 Explain Adam Smith’s characteristics of a market economy. English 10.5, 11.5, 12.5
History and Social Science GOVT.1
45 Describe how consumers, producers, workers, savers, investors, and other people respond to incentives. English 10.5, 11.5, 12.5
History and Social Science GOVT.1
46 Explain how businesses respond to consumer sovereignty. English 10.5, 11.5, 12.5
History and Social Science GOVT.1
48 Compare the costs and benefits of different forms of business organization. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
49 Describe how costs and revenues affect profit and supply. Mathematics A.4
50 Describe how increased productivity affects costs of production and standard of living. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
51 Examine how investment in human capital, physical capital, and technology can improve productivity. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
52 Describe the effects of competition on producers, sellers, and consumers. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
54 Describe the circular flow of economic activity. History and Social Science GOVT.1
55 Examine the laws of supply and demand and the determinants of each. History and Social Science GOVT.1
56 Explain how the interaction of supply and demand determines equilibrium price. History and Social Science GOVT.1
57 Describe the elasticity of supply and demand. History and Social Science GOVT.1
58 Examine the purposes and implications of price ceilings and price floors. History and Social Science GOVT.1
59 Examine the market value of a worker’s skills and knowledge. History and Social Science GOVT.1
60 Describe how changes in supply and demand for goods and services affect a worker’s income. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
61 Describe economic indicators, such as gross domestic product (GDP), consumer price index (CPI), and unemployment rate. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
62 Describe the causes and effects of unemployment and inflation. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
63 Describe the fluctuations of the business cycle. English 10.5, 11.5, 12.5
64 Describe strategies for achieving national economic goals. English 10.5, 11.5, 12.5
History and Social Science GOVT.1
65 Demonstrate knowledge of the nation’s financial system. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
History and Social Science GOVT.1
66 Demonstrate knowledge of how monetary and fiscal policy influence employment, output, and prices. English 10.5, 11.5, 12.5
History and Social Science GOVT.1, GOVT.15
67 Demonstrate knowledge of the role of government in a market economy. English 10.5, 11.5, 12.5
History and Social Science GOVT.1, GOVT.15
68 Demonstrate knowledge of the global economy. English 10.5, 11.5, 12.5
History and Social Science GOVT.1, GOVT.12, GOVT.13
69 Examine basic economic concepts and their relation to product prices and consumer spending. History and Social Science GOVT.1
Mathematics A.9, AII.9
70 Examine the effect of supply and demand on wages and prices. History and Social Science GOVT.1
71 Describe the steps for making a purchase decision. English 10.5, 11.5, 12.5
Mathematics A.7, A.9, AII.9
72 Describe common types of contracts and the implications of each. English 10.5, 11.5, 12.5
History and Social Science GOVT.1
73 Demonstrate comparison-shopping skills. English 10.5, 11.5, 12.5
75 Examine the impact of advertising and marketing on consumer demand and decision making in the global marketplace. History and Social Science GOVT.1
76 Access reliable financial information from a variety of sources. English 10.5, 11.5, 12.5
77 Explain consumer rights, responsibilities, remedies, and the importance of consumer vigilance. English 10.5, 11.5, 12.5
History and Social Science GOVT.1, GOVT.9, GOVT.11
78 Examine precautions for protecting identity and other personal information. English 10.5, 11.5, 12.5
79 Interact effectively with salespersons and merchants. History and Social Science GOVT.1
80 Describe consumer protection regulations. English 10.5, 11.5, 12.5
History and Social Science GOVT.1, GOVT.9, GOVT.15
81 Describe the role of consumer assistance agencies. History and Social Science GOVT.1, GOVT.9, GOVT.15
82 Compare the costs and benefits of purchasing vs. leasing a vehicle. English 10.5, 10.8, 11.5, 11.8, 12.5, 12.8
83 Compare the advantages and disadvantages of renting vs. purchasing a home. English 10.5, 11.5, 12.5
Mathematics A.4, A.9, AII.9
84 Describe the process of renting housing. English 10.5, 11.5, 12.5
86 Calculate the cost of utilities, services, maintenance, and other housing expenses involved in independent living. Mathematics A.7
89 Examine how financial institutions affect personal financial planning. English 10.5, 10.8, 11.5, 11.8, 12.5, 12.8
90 Evaluate services and related costs associated with personal banking. English 10.5, 11.5, 12.5
Mathematics A.9
91 Differentiate among types and regulations of electronic monetary transactions. English 10.5, 11.5, 12.5
94 Compare costs and benefits of online, mobile, and traditional banking. English 10.5, 11.5, 12.5
95 Explain how certain historical events have influenced the banking system and other financial institutions. History and Social Science VUS.3, VUS.4, VUS.5, VUS.6, VUS.10, VUS.11, VUS.12, VUS.13
96 Compare the U.S. monetary system with the international monetary system. English 10.5, 11.5, 12.5
History and Social Science GOVT.13, GOVT.15
97 Evaluate the various methods of financing a purchase. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
Mathematics A.4, A.9, AII.9
98 Analyze credit card features and their impact on personal financial planning. English 10.5, 11.5, 12.5
Mathematics A.4, A.9, AII.9
101 Compare terms and conditions of various sources of consumer credit. English 10.3, 10.5, 11.3, 11.5, 12.3, 12.5
104 Compare the costs and conditions of secured and unsecured loans. English 10.5, 11.5, 12.5
Mathematics A.1, A.9, AII.9
105 Compare the types of voluntary and involuntary bankruptcy and the implications of each. English 10.5, 11.5, 12.5
106 Calculate payment schedules for a loan, using spreadsheets, calculators, and/or online tools. Mathematics A.4, A.9, AII.9
107 Complete a sample credit application. English 10.5, 11.5, 12.5
108 Evaluate insurance as a risk-management strategy. English 10.5, 11.5, 12.5
109 Distinguish among the types, costs, and benefits of automobile insurance coverage. English 10.5, 11.5, 12.5
110 Distinguish among the types, costs, and benefits of life insurance. English 10.5, 11.5, 12.5
111 Distinguish among the types, costs, and benefits of property insurance. English 10.5, 11.5, 12.5
112 Distinguish among the types, costs, and benefits of health insurance. English 10.5, 11.5, 12.5
115 Examine how personal choices about education, training, skill development, and careers impact earnings. English 10.5, 10.8, 11.5, 11.8, 12.5, 12.8
116 Differentiate among sources of income. English 10.5, 11.5
118 Investigate employee benefits and incentives. English 10.5, 11.5, 12.5
119 Complete standard federal employment tax forms. English 10.5, 11.5, 12.5
History and Social Science GOVT.1
120 Describe the types and purposes of local, state, and federal taxes and the way each is levied and used. English 10.5, 11.5, 12.5
History and Social Science GOVT.1, GOVT.8, GOVT.9, GOVT.15
121 Explore how tax structures affect consumers, producers, and business owners differently. History and Social Science GOVT.1
125 Explain the similarities and differences between state and federal taxation of inheritances. English 10.5, 11.5, 12.5
127 Compare investment options for a monetary inheritance. English 10.5, 11.5, 12.5
Mathematics A.9, AII.9
128 Examine types and purposes of estate planning. English 10.5, 11.5, 12.5
129 Complete a state income tax form, including electronic formats. English 10.5, 11.5, 12.5
History and Social Science GOVT.1
130 Complete short and itemized federal income tax forms, including electronic formats. English 10.5, 10.8, 11.5, 11.8, 12.5, 12.8
History and Social Science GOVT.1
133 Examine components and purposes of a personal net worth statement. English 10.3, 10.5, 11.3, 11.5, 12.3
135 Investigate the effects of government actions and economic conditions on personal financial planning. English 10.5, 11.5
History and Social Science GOVT.1
136 Explain how economics influences a personal financial plan. History and Social Science GOVT.1
137 Compare the impact of simple interest vs. compound interest on savings. Mathematics A.4, A.9, AII.9
138 Compare investment and savings options. English 10.5, 11.5
Mathematics A.4, A.9, AII.9
140 Examine the fundamental workings of the Social Security System and the system’s effects on retirement planning. English 10.5, 11.5
History and Social Science GOVT.1
141 Contrast alternative retirement plans. English 10.5, 11.5
Mathematics A.4
142 Explore how the stock and bond markets work. English 10.5, 10.8, 11.5, 11.8, 12.8
154 Investigate career opportunities. English 10.5, 10.8, 11.5, 11.8, 12.5, 12.8
157 Research a company in preparation for a job interview. English 10.5, 10.8, 11.5, 11.8, 12.5, 12.8