Standard set
Economics: Grade K
Standards
Showing 29 of 29 standards.
6.1
Scarcity and Choice
6.2
Markets and Economic Systems
6.3
Functions of Government
6.4
Economic Interdependence
6.5
Income, Profit, and Wealth
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Scarcity and Choice
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Limited Resources
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Opportunity Costs
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Incentives and Choice
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Goods and Services
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Advertising and Media
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Price Determination
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Government's Role in International Trade
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Specialization
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Factors Contributing to Economic Interdependence
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Factors Influencing Wages
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Types of Businesses
6.1.K.A
Identify how scarcity influences choice.
6.1.K.B
Identify family wants and needs.
6.1.K.C
Identify choices to meet needs.
6.1.K.D
Identify a choice based on family interest.
6.2.K.A
Identify goods and consumers.
6.2.K.C
Identify advertisements that encourage us to buy things.
6.2.K.D
Identify currency and how it is used.
6.3.K.D
Identify products produced in the region or state.
6.4.K.A
Identify the specialized role performed by each member of the family.
6.4.K.D
Identify individual wants and needs.
6.5.K.A
Identify individuals who volunteer in the community.
6.5.5KC
Identify goods and services provided by local businesses.
Framework metadata
- Source document
- Academic Standards for Economics (PreK-3) (2012)
- License
- CC BY 3.0 US