Resources cannot be aligned to this standard, browse sub-standards to find lessons.
The student will describe the four types of productive resources:
The student will explain that governments provide certain types of goods and services in a market economy, and pay for these through taxes and will describe services such as schools, libraries, roads, police/fire protection, and military.
The student will give examples of interdependence and trade and will explain how voluntary exchange benefits both parties.
The student will describe the costs and benefits of personal spending and saving choices.