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  • Home
  • 3rd Grade Projects
  • 4th Grade Projects
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  • 3rd Grade Social Studies
    • Economic Understanding
    • Geographic Understanding
    • Historical Understanding
    • Government/Civic Understanding
  • 4th Grade Social Studies
    • Economic Understanding
    • Geographic Understanding
    • Historical Understanding
    • Government/Civic Understanding
  • 5th Grade Social Studies
    • Civil War
    • Reconstruction
    • Changing America/Turn of the Century
    • World War I
    • The Roaring 20's
    • The Great Depression
    • World War II
    • The Cold War
    • Civil Rights Movement
    • America Since 1975
    • Geography
    • Government/Civic Understanding
  • Brain Based Learning
  • Gifted Ideas

SS4E1  The student will use the basic economic concepts of trade, opportunity cost, specialization, voluntary exchange, productivity, and price incentives to illustrate historical events.

a.  Describe opportunity costs and their relationship to decision-making across time (such as decisions to send expeditions to North and South America)

b.  Explain how price incentives affect people's behavior and choices (such as colonial decisions about what crops to grow and products to produce)

c.  Describe how specialization improves standards of living (such as the differences in the economies in the New England, Mid-Atlantic, and Southern colonies)

d.  Explain how voluntary exchange helps both buyers and sellers (such as prehistoric and colonial trade in North America)

e.  Describe how trade promotes economic activity (such as how trade between the colonies and England affected their economies)

f.  Give examples of technological advancements and their impact on business productivity during the development of the United States (such as the steamboat, the steam locomotive, and the telegraph)


SS4E2  The student will identify the elements of a personal budget and explain why personal spending and saving decisions are important.

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Beth Scussel
  • Home
  • 3rd Grade Projects
  • 4th Grade Projects
  • 5th Grade Projects
  • 3rd Grade Social Studies
    • Economic Understanding
    • Geographic Understanding
    • Historical Understanding
    • Government/Civic Understanding
  • 4th Grade Social Studies
    • Economic Understanding
    • Geographic Understanding
    • Historical Understanding
    • Government/Civic Understanding
  • 5th Grade Social Studies
    • Civil War
    • Reconstruction
    • Changing America/Turn of the Century
    • World War I
    • The Roaring 20's
    • The Great Depression
    • World War II
    • The Cold War
    • Civil Rights Movement
    • America Since 1975
    • Geography
    • Government/Civic Understanding
  • Brain Based Learning
  • Gifted Ideas
  • Home
  • 3rd Grade Projects
  • 4th Grade Projects
  • 5th Grade Projects
  • 3rd Grade Social Studies
    • Economic Understanding
    • Geographic Understanding
    • Historical Understanding
    • Government/Civic Understanding
  • 4th Grade Social Studies
    • Economic Understanding
    • Geographic Understanding
    • Historical Understanding
    • Government/Civic Understanding
  • 5th Grade Social Studies
    • Civil War
    • Reconstruction
    • Changing America/Turn of the Century
    • World War I
    • The Roaring 20's
    • The Great Depression
    • World War II
    • The Cold War
    • Civil Rights Movement
    • America Since 1975
    • Geography
    • Government/Civic Understanding
  • Brain Based Learning
  • Gifted Ideas