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9-12 Economics Arkansas

Cash Free Society

This inquiry leads students through an investigation of economics and the impact of new technologies on our world. By investigating the compelling question “Is the United States ready to be a cash free society?” students evaluate the advantages and disadvantages of abandoning the dollar for the new methods of payments. The formative performance tasks build on knowledge and skills through the course of the inquiry and help students critically examine the different aspects of the issue. Students create an evidence-based argument about whether the United States is ready to be cash free, or not. It is important to note that this inquiry requires prerequisite knowledge of historical events and ideas. Thus, students should have already studied the basic workings of economics.