Standard #: SS.4.FL.1.6


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Describe ways that people who own a business can earn a profit, which is a source of income.


General Information

Subject Area: Social Studies
Grade: 4
Strand: Financial Literacy (Adopted in 2023)
Standard: Earning Income
Date Adopted or Revised: 06/14
Status: State Board Approved

Related Courses

Course Number1111 Course Title222
5021060: Social Studies Grade 4 (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 - 2023, 2023 and beyond (current))
7721015: Access Social Studies - Grade 4 (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2023, 2023 and beyond (current))


Related Access Points

Access Point Number Access Point Title
SS.4.FL.1.AP.6 Recognize that people who own a business can make money.


Related Resources

Lesson Plan

Name Description
No Lemons Only Limes: Now What?

Using the case study, When Life Gives You Limes, students will discuss that goods can vary in price depending on supply. Students will work in groups to reimagine a lemonade stand business with a new product. To resolve conflict, they will also come up with strategies that were used as a group to brainstorm ideas on how to change their product. This will allow the students to decide what to do with their new product and which product to create using the materials that they have.

 

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