TEKS 113.31(d)(16)(B)
explain how the amount of savings in an economy is the basis of capital formation;
Source: Texas Administrative Code §113.31 (Chapter 113) · Adopted 2022
Knowledge & Skills 113.31(d)(16)
Personal financial literacy
The student understands the role of financial markets/institutions in saving, borrowing, and capital formation. The student is expected to:
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Other expectations under 113.31(d)(16)
- TEKS 113.31(d)(16)(A) explain the functions of financial institutions and how they affect households and businesses;
- TEKS 113.31(d)(16)(C) analyze the role of interest and risk in allocating savings to its most productive use; and
- TEKS 113.31(d)(16)(D) examine the types of accounts available to consumers from financial institutions and the risks, monetary costs, and benefits of maintaining these accounts.