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Analyzing Costs and Benefits of Economic Policies for Different Groups

Economic Choices, Markets, and Decision-Making

6th Grade·Social Studies·US-AZ-SS

Updated 1 month ago · 1 view

Evaluate who gains and who loses under specific economic policies like minimum wage laws, tariffs, or subsidies.

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Economic Choices, Markets, and Decision-Making

6th Grade · Social Studies · US-AZ-SS

7 lessons

Goal

Analyze how scarcity, opportunity costs, market mechanisms, and circular flow shape economic decisions for individuals, businesses, and societies.

7 lessons

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Scarcity, Opportunity Cost, and Trade-OffsUp next
How Economic Decisions Impact Individual and Family Well-BeingNot started yet
How Business Decisions Shape Jobs, Prices, and CommunitiesNot started yet
Supply, Demand, and Market Equilibrium PricesNot started yet
Interdependence Between Households, Businesses, and GovernmentNot started yet
Analyzing Costs and Benefits of Economic Policies for Different GroupsYou are here
Evaluating Current Economic Issues in Terms of Trade-OffsNot started yet

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Learning standards covered

7.E2.2Arizona Social Studies Standards · All ages

Evaluate current economic issues in terms of benefits and costs for distinct groups in society. Individuals and institutions are interdependent within market systems.