State Standard - Social Studies

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Grade 6 Grade 7 Grade 8
Standard 4.0 Economics: Students will develop economic reasoning to understand the historical development and current status of economic principles, institutions, and processes needed to be effective citizens, consumers, and workers participating in local communities, the nation, and the world. Standard 4.0 Economics: Students will develop economic reasoning to understand the historical development and current status of economic principles, institutions, and processes needed to be effective citizens, consumers, and workers participating in local communities, the nation, and the world. Standard 4.0 Economics: Students will develop economic reasoning to understand the historical development and current status of economic principles, institutions, and processes needed to be effective citizens, consumers, and workers participating in local communities, the nation, and the world.
A. Scarcity and Economic Decision-making A. Scarcity and Economic Decision-making A. Scarcity and Economic Decision-making
1. Explain that people made choices because resources relative to economic wants to goods and services in the context of early world history
1. Analyze the decisions that people made because resources were limited relative to economic wants for goods and services in contemporary world regions
1. Analyze the decisions that people made because resources were limited relative to economic wants for goods and services in America
a. Identify opportunity cost of economic decisions made by individuals and groups such as the decision to engage in trade
a. Identify the opportunity cost of economic decisions made by individuals, businesses, and governments such as decisions about investing in education
a. Describe the opportunity cost of economic decisions by individuals, businesses, and governments in the U.S. through 1877, such as the decision about territorial acquisition
2. Analyze how scarce economic resources were used to satisfy economic wants in early world history
2. Analyze how scarcity of economic resources affects economic choices in contemporary world regions
2. Analyze how scarcity affected economic choices prior to 1877
a. Identify ways people have used resources to meet economic wants such as domesticating agriculture
a. Describe how goals of countries affect the use of resources in the pursuit of economic growth, and sustainable development
a. Compare how scarce resources affected the decisions of consumers and producers in different regions of the United States
b. Describe how available resources affected specialization and trade
b. Identify tradeoffs made in economic decisions by producers and consumers
b. Describe the importance of economic freedom and economic equity on growth in the North and South prior to 1860
  c. Explain how available resources affect specialization and trade
c. Evaluate socio-economic goals in the North and South after to the Civil War
3. Analyze how technological changes affected consumption and production in early world history
3. Analyze how technological changes have affected the consumption and production in the contemporary world
3. Analyze how technological changes affected production in the United States prior to 1877
a. Give examples of how technology changed consumption and provided greater access to goods and services
a. Give examples of how technology has changed consumption of goods and services, such as the development of computers
a. Describe the effects of new technology and resource use on economic growth, such as factories, machinery, roads and the telegraph
b. Examine why technology has changed production such as the development of the printing press
b. Examine why technology has changed job skills and the influenced productivity
b. Examine why and how technology and production in the industrial North influenced the outcome of the Civil War
4. Examine how specialization, interdependence and trade affected the production of goods and services in early world history
4. Compare the levels of specialization and economic development in different parts of the contemporary world
4. Analyze economic activities, economic decisions, and specialization before and after the Civil War
a. Analyze examples of regional specialization that resulted from economic resources, such as silk production, bronze casting and terraced farming
a. Analyze examples of specialization that result from economic resources
a. Describe how differences between the agrarian South and the industrial North heightened tensions
b. Describe the effects of agricultural surplus and job specialization on the emergence of early towns and cities in various parts of the world
b. Describe the standard of living and the quality of life in a world region using data, such as Gross National Product (GNP), Gross Domestic Product (GDP), per capita income and the Human Development Index (HDI)
b. Examine the importance of population growth, specialization and trade to economic development prior to the Civil War
c. Identify African and Eurasian trade routes to explain how surplus goods and regional specialization resulted in economic interdependence
c. Identify factors that have influenced economic development in various regions, such as individuals, corporations, natural resources, technology, military power, population growth, international organizations, infrastructure and public health issues
c. Describe the economic opportunities and obstacles faced by different individuals and groups of people before and after the Civil War
B. Economic Systems and the Role of Government in the Economy B. Economic Systems and the Role of Government in the Economy B. Economic Systems and the Role of Government in the Economy
1. Describe the types of economic systems in early world societies
1. Evaluate the types of economic systems in countries throughout the contemporary world
1. Evaluate the types of economic systems prior to 1877
a. Describe how various early world societies answer the basic question of what, how, and for whom to produce
a. Examine how different economic systems, traditional, command, market, and mixed answer the basic economic question of what, how, and for whom to produce
a. Analyze how 19th century societies answered the basic question of what, how, and for whom to produce
b. Describe examples of tradition in economies such as the economic roles of men and women in tribal societies
b. Describe examples of decisions in (traditional economies, such as the economic roles of men and women
b. Analyze how the characteristics of a market economy affected the economic development of the 19th century such as the role of entrepreneurs, markets, and competition
c. Describe examples of command in economies, such as the feudal system
c. Describe examples of command modern economies, such as government ownership of land and other resources
 
2. Describe the transition from feudalism and the manor system to the development of early towns
2. Analyze the role of government in the economies of contemporary societies
2. Analyze the role of government in the U.S. economy prior to 1877
a. Explain how the growth and management of towns, guilds, and the banking system were affected by technology and agriculture
a. Explore how government spending and taxation influence an economy's ability to grow and provide jobs and services
a. Give examples of how government spending and taxation influenced the U.S economy's ability to grow and provide jobs, such as the expansion of the railroad system
b. Analyze how the guild system addressed changes in the economy, such as dictating price and production
b. Evaluate the trade-offs of government regulations
b. Explain how the protection of private property rights, regulation of trade, imposition of taxes, and creation of a monetary system are included in the Constitution
  c. Analyze the ways that governments can help or impede economic activity, such as providing a stable monetary system, protecting property rights, maintaining infrastructure and providing public goods and services
c. Examine ways in which the government influenced the economy such as spending, taxing and acquisition of territories
  d. Examine the impact of regulatory agencies in different countries, such as consumer behavior, air traffic management, and environmental protection
 
3. Describe the importance of medium of exchange in early world history
3. Describe the money and banking systems in various countries in the contemporary world
3. Describe the effects of government actions on the banking system prior to 1877
a. Explain how societies used mediums of exchange to facilitate trade and help their economies grow
a. Explain why a stable money and banking system is necessary for an economy to grow and prosper
a. Explain the effects of the boom and bust cycles on economic growth and stability
    b. Describe the effects of the absence of a national banking system on economic stability, such as the effects of the Panic of 1837
 

 

MSDE has developed a toolkit for these standards which can be found online at: http://mdk12.org/instruction/curriculum/social_studies/vsc_toolkit.html.

 

Date: 1/27/2015