National economies vary in the extent to which they rely on government directives (central planning) and signals (prices) from private markets to allocate scarce goods, services, and productive resources.
Standard detail
4.
Benchmark
Depth 1Parent ID: 4F429D44BF604835B166F3AD6546B959Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 4.
- List ID
- 4.
- Standard ID
- 537F3055A4FD4DC39B6FCFAD1F1D59D6
- ASN identifier
- S2604684
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 4F429D44BF604835B166F3AD6546B959
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US