Price is the amount of money exchanged for a good or service.
The student will apply social science skills to understand the United States economy by b) describing how in a market economy supply and demand determine prices;
No resources have been tagged as aligned with this standard.
services: Activities that satisfy people’s wants
money: Paper bills and coins used to pay for goods and services
The student will recognize that people save money for the future to purchase goods and services.
money: What people use to buy the things they want (paper bills and coins are examples of money)