Fourth Grade
Instructional Objectives: |
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1.) |
Identify the resources needed to produce a good or service and classify each resource by the factors of production |
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2.) |
Explain that the demand for factors of production is derived from the demand for goods and services |
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3.) |
Describe the role of each factor of production in producing a specific good or service and suggest alternative uses
for the resources involved |
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6.) |
Explain that individuals and households use income to consume goods and services |
Sixth Grade
Instructional Objective: |
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1.) |
Explore issues of resource distribution:
C. Identify a tradeoff which must be made when a resource is |
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used to produce a good or service |
