Standard set

Kindergarten to Grade 2

Economics (2024-)Grades K, 01, 02CSP ID: 1C245E90AB3B4B7CBA2D9927CE285B81Standards: 13

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Fundamentals of Economics

Microeconomics

Macroeconomics

Money and Economic Institutions

6.1.K-2.B

Explain how limited resources require us to make choices and share when we cannot have everything we want.

6.1.K-2.I

Describe why people divide tasks to make work easier.

6.1.K-2.J

Explain why people trade.

6.2.K-2.A

Define and identify goods and services.

6.2.K-2.H

Identify businesses in your community.

6.2.K-2.J

Define entrepreneurship and identify entrepreneurs in the local community.

6.3.K-2.E

Define a tax and identify examples.

6.3.K-2.I

Define public goods and services provided by the government.

6.4.K-2.D

Define saving and explain why people use banks to save.