Standards with the same topic and subject but for other grades
Analyze how the number of consumers and producers affects the level of competition within a market.
Analyze how Pennsylvania consumers and producers participate in the global production and consumption of goods or services.
Explain how trade may improve a society's standard of living.
Describe how productivity is measured and identify ways in which a person can improve his or her productivity.
Analyze how competition among producers and consumers affects price, costs, product quality, service, product design, variety and advertising.
Explain why governments sometimes restrict or subsidize trade.
Primary – extractive industries (i.e., farming, fishing, forestry, mining)
Secondary – materials processing industries (i.e., manufacturing)
Tertiary – service industries (e.g., retailing, wholesaling, finance, real estate, travel and tourism, transportation)
Explain how government provides public goods.