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List of Benchmarks for World History 
 Standard 33.Understands the causes and consequences of the agricultural and industrial revolutions from 1700 to 1850
  
Topics1. Economic systems; 2. Social impact of the industrial revolution
   Level IV (Grade 9-12)
  Benchmark 6.Knows the strengths and weaknesses of Adam Smith’s analysis of capitalism in the "The Wealth of Nations" (e.g., his principle of the "Invisible Hand," the role of free enterprise, the profit motive, and competition; his "pin" story)
   Vocabulary terms
A.  Adam Smith’s "The Wealth of Nations"
  Knowledge/skill statements
  1. Knows the strengths of Adam Smith’s analysis of capitalism in "The Wealth of Nation"   
  2. Knows the weaknesses of Adam Smith’s analysis of capitalism in "The Wealth of Nation"   
  3. Understands Adam Smith’s principle of the "Invisible Hand"   
  4. Understands the role of free enterprise, the profit motive, and competition in capitalism   
  5. Knows Adam Smith’s "pin" story and how it reflects his ideas about capitalism   


Citation Log: BD(C;​WE,213)
Citation reference
BD = benchmark, declarative
BP = benchmark, procedural
BC = benchmark, contextual

1st letter/number of each code in parentheses:
B   NCHS: Basic Edition
L   Lessons from History
W   NCHS: World History, expanded edition

2nd letter code :
E = Explicitly stated in document
I = Implicit in document

Number:
Page number of the cited document