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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.
Related Access Points
This cluster includes the following access points.
Independent
SS.5.E.1.In.0
Identify examples of how people traded with each other in North America from pre-Columbian times to 1850.
SS.5.E.1.In.1
Identify a characteristic of a market economy, such as available resources, demand, or available labor.
SS.5.E.1.In.2
Identify major inventions during the early development of the United States, such as the Franklin stove, bifocals, and cotton gin.
Supported
SS.5.E.1.Su.0
Recognize that different groups of people traded with each other in North America from pre-Columbian times to 1850.
SS.5.E.1.Su.1
Recognize that people produce goods that others want to buy (market economy).
SS.5.E.1.Su.2
Recognize a major invention during the early development of the United States, such as the Franklin stove, bifocals, or cotton gin.
Participatory
SS.5.E.1.Pa.0
Recognize that people trade goods and services.
SS.5.E.1.Pa.1
Recognize that people trade goods and services.
SS.5.E.1.Pa.2
Identify an invention that helps people, such as a stove.
Related Resources
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Lesson Plan
Student Resources
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