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iRubric: Making Smart Choices Rubric

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Making Smart Choices Rubric 
Summative Assessment
Rubric Code: Q25XC4B
By mperpetuo2021
Ready to use
Public Rubric
Subject: Finance  
Type: Assessment  
Grade Levels: K-5

Powered by iRubric Making Smart Choices Rubric
  Poor

1 pts

Fair

2 pts

Good

3 pts

Excellent

4 pts

Understanding Choices

Poor

Does not explain why choices are made
Fair

Partially explains choices or confuses reasons
Good

Mostly explains why choices must be made
Excellent

Accurately explains why people must make choices due to limited resources
Benefits and Costs

Poor

Cannot identify benefits or costs
Fair

Identifies some benefits or costs but incomplete
Good

Identifies benefits and costs with minor errors
Excellent

Clearly identifies benefits and costs of decisions with examples
Need vs Want Distinction

Poor

Does not distinguish needs and wants
Fair

Some correct distinctions
Good

Correctly distinguishes most needs and wants
Excellent

Correctly distinguishes all needs and wants
Application of Decision-Making Skills

Poor

Choices are unrealistic or unrelated
Fair

Demonstrates limited understanding of choices
Good

Demonstrates mostly appropriate choices
Excellent

Demonstrates thoughtful, realistic choices in multiple scenarios




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