Public learning track
Taxes, Fiscal Policy, and Economic Externalities
4th Grade · Social-studies · US-WI-SS
9 lessons
Goal
Understand how governments collect and spend taxes, analyze fiscal policy impacts, and evaluate how public interventions address positive and negative externalities.
9 lessons
0 of 9 done
- 1Why Governments Collect Taxes: Funding Roads, Schools, and SafetyUp nextStart
- 2Types of Taxes: Sales, Income, and Property TaxesPremiumNot started yet
- 3Progressive and Regressive Tax StructuresNot started yet
- 4Government Spending and Earned Benefit ProgramsNot started yet
- 5Fiscal Policy: How Government Spending and Taxes Impact the EconomyNot started yet
- 6Unintended Costs and Benefits: Everyday ExamplesNot started yet
- 7Understanding Economic Externalities: Positive and NegativeNot started yet
- 8Analyzing Externalities in Local and State LawsNot started yet
- 9Evaluating Government Interventions to Correct ExternalitiesNot started yet
Standards Covered
- SS.Econ4.c.5Wisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Discuss reasons a government taxes people.
- SS.Econ4.c.2Wisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Summarize goods and services that the government provides (e.g., roads, schools, police), and how they help people.
- Econ4.cWisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Role of government
- SS.Econ4.c.mWisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Analyze the impact of different government policies (e.g., taxation and government spending) on the economy.
- SS.Econ4.c.hWisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Evaluate types of taxes (i.e., progressive, regressive) and earned benefits with eligibility criteria (e.g., Social Security, Medicare, Medicaid). Justify the selection of fiscal and monetary policies in expanding or contracting the economy.
- SS.Econ4Wisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Wisconsin students will evaluate government decisions and their impact on individuals, businesses, markets, and resources (Role of Government).
- SS.Econ4.d.1Wisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Give an example of an unintended cost or benefit to an event (e.g., getting new playground equipment, receiving a present).
- Econ4.dWisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Impact of government interventions
- SS.Econ4.d.5Wisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Predict unintended costs and benefits (i.e., externalities) for a given current situation or event.
- SS.Econ4.d.mWisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Analyze potential unintended costs and benefits (i.e., externalities) for a local or state law or policy.
- SS.Econ4.d.hWisconsin Social Studies Standards · Social-studies · Grade 4 (target) · Grade 4Evaluate the intended and unintended costs and benefits (i.e., externalities) of government policies to improve market outcomes and standards of living. Analyze the effectiveness of how people, government policies, and economic systems have attempted to address income inequality and working conditions both now and in the past.
Curriculum Framework
4th Grade · Social-studies · US-WI-SS
1
6 lessons
Essential Map Skills and Global Coordinates
Master foundational navigation tools including compass directions, map scales, coordinate systems, and global reference lines to locate major world features.
2
6 lessons
Exploring Map Types and Mapmaking
Analyze physical, topographic, thematic, and historical maps to interpret specialized geographic data and design a custom community map.
3
6 lessons
Exploring the Five Regions of the United States
Examine the distinct geography, climate, and economic resources across the Northeast, Southeast, Midwest, Southwest, and West regions.
4
8 lessons
U.S. Physical Geography and Human Systems
Analyze America's major landforms, waterways, climate zones, and natural resources, and investigate how geography influences human settlement and industry.
5
11 lessons
Indigenous Nations and Cultures of North America
Examine the diverse cultures, environments, governance, and economic practices of Indigenous peoples across North America.
6
4 lessons
Early European Exploration and Encounters in the Americas
Examine the motivations, key voyages, and global impacts of European exploration, including early Spanish and French colonization.
7
9 lessons
The Thirteen Colonies: Settlement, Economy, and Daily Life
Analyze the founding, regional differences, economic systems, and daily life across the thirteen British colonies in North America.
8
6 lessons
The Road to the American Revolution
Examine the events, colonial protests, and key ideas that led American colonists to declare independence from Great Britain.
9
7 lessons
The Revolutionary War and the Birth of a Nation
Explore the major battles, diverse participants, leadership, and outcomes of the Revolutionary War leading to the establishment of the early republic.
10
7 lessons
The U.S. Constitution and Federal Government
Examine how the U.S. Constitution established the three branches of the federal government, the system of checks and balances, and individual rights.
11
6 lessons
State and Local Government and Active Citizenship
Explore the functions of state, local, and tribal governments and learn the rights, duties, and impact of engaged citizens in their communities.
12
7 lessons
Westward Expansion and Innovation in 19th-Century America
Analyze how territorial acquisitions, pioneer migration, technological advancements, and government policies shaped the growth of the United States in the 19th century.
13
7 lessons
Sectional Conflict, the Civil War, and Reconstruction
Examine the causes of sectional division, the struggle against slavery, key events of the Civil War, and the constitutional changes of Reconstruction.
14
8 lessons
Foundations of Economics and Supply Chains
Understand fundamental economic concepts like scarcity and factors of production, and trace how goods move from raw materials to local markets through modern supply chains.
15
8 lessons
Markets and Comparative Economic Systems
Explore how supply, demand, and prices work in markets, and compare how different economic systems allocate resources to answer basic societal questions.
16
7 lessons
Key Economic Organizations and Institutions
Examine how banks, businesses, labor unions, nonprofits, and tribal institutions organize work and support community economies.
17
9 lessons
Property Rights, Government Protections, and Public Goods
Explore how property rights, regulations, and government-funded public services and infrastructure support society and living standards.
18
9 lessons
Taxes, Fiscal Policy, and Economic Externalities
Understand how governments collect and spend taxes, analyze fiscal policy impacts, and evaluate how public interventions address positive and negative externalities.
19
5 lessons
Specialization and Global Trade
Analyze how individual, regional, and international specialization drives productivity and shapes global trade networks.
20
7 lessons
Comparative Advantage and Global Trade
Explain how comparative advantage drives international trade and analyze its impact on consumers, workers, businesses, and nations.