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Colorado State Standards
Grade: Grades: 5-8
Standards
1: Students understand that because of the condition of scarcity, decisions must be made about the use of scarce resources
2: Students understand how different economic systems impact decisions about the use of resources and the production and distribution of goods and services
3: Students understand the results of trade, exchange, and interdependence among individuals, households, businesses, governments, and societies
2: Students understand how different economic systems impact decisions about the use of resources and the production and distribution of goods and services
3: Students understand the results of trade, exchange, and interdependence among individuals, households, businesses, governments, and societies