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Subject Area - 6:
Economics
Economics
- Standard Area - 6.2: Markets and Economic Systems
- Grade Level - 6.2.4: GRADE 4
Standard - 6.2.4.A
Explain how a product moves from production to consumption.
Standard - 6.2.4.C
Differentiate between monetary and non-monetary incentives in advertising.
Standard - 6.2.4.D
Explain the role of buyers and sellers in determining prices of products.
Standard - 6.2.4.F
Describe the role of a private economic institution in the local community.
Standard - 6.2.4.G
Explain the three basic questions all economic systems must answer.
- What to produce?
- How?
- For whom?