Social Studies Focus
Quarter 1: July 9th - September 28th
NC Economy
I will understand the basic concepts of a market economy: supply, demand, scarcity, productivity, and entrepreneurship.
i will understand how scarcity and choice in a market economy impacts business decisions.
I will analyze the historical and contemporary role that major North Carolina industries have played in the state, nation, and world.
I can explain the impact of entrepreneurship on the economy of North Carolina.
I can explain how personal financial decisions, such as spending, saving, and paying taxes, can positively and/or negatively affect everyday life.
I can explain how limited personal financial resources affect the choices people makes based on their wants and needs.
I will understand the basic concepts of a market economy: supply, demand, scarcity, productivity, and entrepreneurship.
i will understand how scarcity and choice in a market economy impacts business decisions.
I will analyze the historical and contemporary role that major North Carolina industries have played in the state, nation, and world.
I can explain the impact of entrepreneurship on the economy of North Carolina.
I can explain how personal financial decisions, such as spending, saving, and paying taxes, can positively and/or negatively affect everyday life.
I can explain how limited personal financial resources affect the choices people makes based on their wants and needs.