Standard 1 : Market Economy



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General Information

Number: SS.5.E.1
Title: Market Economy
Type: Standard
Subject: Social Studies
Grade: 5
Strand: Economics

Related Benchmarks

This cluster includes the following benchmarks
Code Description
SS.5.E.1.1: Identify how trade promoted economic growth in North America from pre-Columbian times to 1850.
SS.5.E.1.2: Describe a market economy, and give examples of how the colonial and early American economy exhibited these characteristics.
SS.5.E.1.3: Trace the development of technology and the impact of major inventions on business productivity during the early development of the United States.


Related Access Points

This cluster includes the following access points.

Access Points

Access Point Number Access Point Title
SS.5.E.1.AP.1: Recognize how trade promoted growth in pre-Columbian times to 1850.
SS.5.E.1.AP.2: Identify a characteristic of a market economy in colonial America.
SS.5.E.1.AP.3: Recognize major inventions during the early development of the United States.


Related Resources

Vetted resources educators can use to teach the concepts and skills in this topic.

Lesson Plan

Name Description
Inventions and Innovations MEA:

Inventive minds have persisted throughout history. Inventors have improved our lives with inventions created out of a desire to solve a problem or make the quality of peoples' lives better. Our president is concerned that we are not keeping up with other countries in the area of engineering and inventive thinking. Why is this? As students explore famous inventions from around the world throughout history, they will decide what the best inventions of all time are and support their opinion with strong reasons.