Explain ways producers use resources to produce goods and services
Students will apply the fundamental economic ideas and concepts associated with the study of economics.
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Distinguish between goods and services and how families use them
Explain how limited resources require people to make choices about producing and consuming goods and services.
Identify goods and services available in the students’ communities
Identify different businesses in the community that provide goods and services for their families.
Describe ways people rely on the environment to meet human needs and wants