Standard 1: Beginning Economics

General Information
Number: SS.1.E.1
Title: Beginning Economics
Type: Standard
Subject: Social Studies
Grade: 1
Strand: Economics

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Access Points

SS.1.E.1.AP.1
Identify coins and bills as forms of money that can be used to buy things.
SS.1.E.1.AP.2
Recognize a situation that involves making a choice such as schoolwork or play.
SS.1.E.1.AP.3
Recognize examples of goods and services.
SS.1.E.1.AP.4
Recognize people who buy or sell goods.
SS.1.E.1.AP.5
Recognize ways to save money, such as putting it in a bank.
SS.1.E.1.AP.6
Recognize when there is not enough of something (scarce resource).

Related Resources

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

Lesson Plans

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In this lesson plan, students will recognize the national mottos “In God We Trust” and “We the People” as symbols that represent the United States. They will explore the meaning behind these mottos as well. 

Type: Lesson Plan

My Rights and My Responsibilities:

In this lesson, students will learn the difference between rights and responsibilities. They will explore different rights and responsibilities that they have in the school community, as well as opportunity costs when they must fulfill their responsibilities as students.

Type: Lesson Plan

Student Resources

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Parent Resources

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