lesson
Interdependence Between Consumers, Businesses, and Government
Illustrate the circular flow and interdependence connecting households, businesses, and government in market systems.
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Economic Institutions, Systems, and Interdependence
6 lessons
Goal
Examine the roles of corporations, unions, and non-profits, compare economic systems, and evaluate economic decision-making and interdependence across society.
6 lessons
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- The Role and Impact of Corporations in a Modern Market EconomyUp next
- How Labor Unions Advocate for Workers and Shape WagesNot started yet
- The Economic and Social Missions of Non-Profit OrganizationsNot started yet
- Comparing Economic Systems: Free Market, Command, and Mixed EconomiesNot started yet
- Evaluating Costs and Benefits of Economic Decisions for Different GroupsNot started yet
- Interdependence Between Consumers, Businesses, and GovernmentYou are here
Learning standards covered
8.E2.2Arizona Social Studies Standards · All agesEvaluate current economic issues in terms of benefits and costs for distinct groups. Individuals and institutions are interdependent within market systems.
8.E3.1Arizona Social Studies Standards · All agesExplain the roles of buyers, sellers, and profits in product, labor, and financial markets.