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Subject Area - 6:
Economics
Economics
- Standard Area - 6.2: Markets and Economic Systems
- Grade Level - 6.2.8: GRADE 8
Standard - 6.2.8.A
Describe the interaction of consumers and producers of goods and services in the state and national economy.
Standard - 6.2.8.B
Identify positive and negative effects of market competition.
Standard - 6.2.8.C
Explain how advertising influences economic decisions.
Standard - 6.2.8.E
Compare the state of the current economy with the economy in a different time or place.
Standard - 6.2.8.F
Analyze the functions of private economic institutions in the national economy.
Standard - 6.2.8.G
Examine how various economic systems address the three basic questions.
- What to produce?
- How?
- For whom?
