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Categories:: 6.5.6. Work and Earnings
Statements:
A. Recognize that the availability of goods and services is the result of work by members of the society.
B. Explain the concept of labor productivity.
C. Compare the number of employees at different businesses.
D. Explain how profits and losses serve as incentives.
E. Describe how people accumulate tangible and financial assets through income, saving and financial investment.
H. Describe why there is a difference between interest rates for saving and borrowing.
F. Identify entrepreneurs in Pennsylvania.
G. Identify the costs and benefits of saving.
G. Identify the costs and benefits of saving.