State Standards - Social Studies

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Grade PK Grade K Grade 1 Grade 2
Standard 4.0 Economics: Students will identify the economic principles and processes that are helpful to producers and consumers when making good decisions. Standard 4.0 Economics: Students will identify the economic principles and processes that are helpful to producers and consumers when making good decisions. Standard 4.0 Economics: Students will identify the economic principles and processes that are helpful to producers and consumers when making good decisions. Standard 4.0 Economics: Students will identify the economic principles and processes that are helpful to producers and consumers when making good decisions.
A. Scarcity and Economic Decision-making A. Scarcity and Economic Decision-making A. Scarcity and Economic Decision-making A. Scarcity and Economic Decision-making
1. Recognize that people have to make choices because of unlimited economic wants
1. Describe choices people make because of unlimited economic wants
1. Describe economic choices people make about goods and services
1. Explain why people have to make economic choices about goods and services
a. Identify that goods are things that people make or grow
a. Explain that goods are things that people make or grow
a. Identify and discuss goods and services provided in the community
a. Identify and explain economic choices people make
b. Demonstrate the ability to make a choice
b. Identify situations where people make choices
b. Explain how getting something one wants may mean giving up something in return
b. Identify and give examples of the positive and negative aspects of each choice
      c. Explain that choices have consequences, some of which are more important than others
2. Identify that materials/resources are used to make products
2. Identify that resources are used to make products
2. Describe the production process
2. Explain the production process
a. Recognize that workers do jobs in the home and school
a. Recognize workers as human resources
a. Give examples of natural and human resources used in production, such as making butter, making ice cream, and building houses
a. Identify the natural, capital, and human resources used in the production of a good or service
b. Participate in steps that are followed in making a product, such as a drawing, a block building, and a card for a friend or relative
b. Describe some jobs and what is required to perform them
b. Describe the skills people need for their work in the home, school, and community
b. Identify examples of specialized workers in the school and community, such as nurses, truck drivers, lawyers, and postal workers
  c. Recognize that natural resources, such as water, trees, and plants are used to make products
   
3. Explain how technology affects the way people live, work, and play
3. Explain how technology affects the way people live, work, and play
3. Explain how technology affects the way people live, work, and play
3. Examine how technology affects the way people live, work and play
a. Begin to be aware of technology and how it affects daily life, such as different ways to fasten shoes and different appliances to cook food
a. Begin to be aware of technology and how it affects life
a. Describe how tools and products have affected the way people live, work, or play
a. Identify examples of technology used by consumers, such as automobiles, cameras, telephones, microwaves, televisions, and computers
      b. Analyze why consumers use technology in their daily lives
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 B. Economic Systems and the Role of Government in the Economy
1. Identify types of local markets
1. Identify types of local markets
1. Describe types of markets in the community
1. Describe different types of markets
a. Identify markets as places where buyers and sellers meet
a. Describe how buyers and sellers make exchanges at the market
a. Explain how markets operate
a. Describe different market situations where buyers and sellers meet to exchange goods and services
    b. Identify markets in the local community, such as grocery stores, farmers' markets, toy stores, and fast food restaurants
b. Describe how people meet in market communities around the world, such as farmers' markets and door-to-door sales
3. Identify how goods are acquired
3. Describe how goods are acquired
3. Describe how goods and services are acquired
3. Describe how consumers acquire goods and services
a. Identify that coins and bills are money
a. Explain that money is one way to acquire goods
a. Describe how people earn money by working at a job
a. Identify goods and services provided by businesses
b. Identify that money is used to buy goods
b. Explain that trading is another way to acquire goods
b. Compare goods that have different values, such as same item at different stores
b. Identify goods and services provided by government
  c. Recognize that goods have different values
  c. Explain different ways to pay for goods and services, such as credit cards, checks, debit cards, and money orders
 

 

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