Browse South Dakota State Standards

Browse South Dakota State Standards

> South Dakota
> Content Standards
> Social Studies - 1999
> 1

 Goals:: 4. ECONOMICS

Standards:

1. describe the differences between human resources (people at work); natural resources (water, soil, wood, coal, etc.); and capital resources (machines, tools, etc.) used to produce goods or services. 2. explain the differences between goods and services and how people are both buyers and sellers of goods and services. 3. explain that limits on resources require people to make choices about producing and consuming goods and services.