- standard
Identifying and Analyzing Public Issues
- 4th Grade
- Michigan Social Studies Standards
- PUBLIC DISCOURSE, DECISION MAKING, AND CIVIC PARTICIPATION (P3, P4)
Identify public issues in the United States that influence the daily lives of its citizens.
- standard
International Economy
- 4th Grade
- Michigan Social Studies Standards
- ECONOMICS
Identify advantages and disadvantages of global competition.
- standard
National Economy
- 4th Grade
- Michigan Social Studies Standards
- ECONOMICS
Explain how changes in the United States economy impact levels of employment and unemployment.
- standard
Market Economy
- 4th Grade
- Michigan Social Studies Standards
- ECONOMICS
List goods and services governments provide in a market economy and explain how these goods and services are funded.
- standard
Market Economy
- 4th Grade
- Michigan Social Studies Standards
- ECONOMICS
Describe the role of money in the exchange of goods and services.
- standard
Market Economy
- 4th Grade
- Michigan Social Studies Standards
- ECONOMICS
Explain how competition among buyers results in higher prices, and competition among sellers results in lower prices.
- standard
Market Economy
- 4th Grade
- Michigan Social Studies Standards
- ECONOMICS
Explain how specialization and division of labor increase productivity.
- standard
Market Economy
- 4th Grade
- Michigan Social Studies Standards
- ECONOMICS
Explain how price affects decisions about purchasing goods and services.