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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
0 of 7 done
  1. Scarcity, Opportunity Cost, and Trade-OffsUp next
  2. How Economic Decisions Impact Individual and Family Well-BeingNot started yet
  3. How Business Decisions Shape Jobs, Prices, and CommunitiesNot started yet
  4. Supply, Demand, and Market Equilibrium PricesYou are here
  5. Interdependence Between Households, Businesses, and GovernmentNot started yet
  6. Analyzing Costs and Benefits of Economic Policies for Different GroupsNot started yet
  7. Evaluating Current Economic Issues in Terms of Trade-OffsNot started yet
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Learning standards covered

us-az7.E2.1Arizona Social Studies Standards · All ages

Explain how economic decisions affect the well-being of individuals, businesses, and society.

us-az7.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.