Identify goods and services (e.g., fire and police protection, immunizations, library) provided by local government.
Foundations of Economics
No resources have been tagged as aligned with this standard.
Recognize that some goods are made locally and some are made elsewhere.
Give examples of how voluntary exchanges of goods and services can be mutually beneficial (e.g., ice cream vendor receives money, child receives ice cream; doctor receives monetary benefit, patient receives care).
Describe the responsibilities of state government (e.g., making laws, enforcing laws, collecting taxes).
Recognize that people use money to purchase goods and services.
Recognize that people trade for goods and services.