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Explain that people make choices about what goods and services they buy because they can’t have everything they want. This requires individuals to prioritize their wants.
Remarks
Create a list of goods or services they want given a set budget constraint, rank the goods and services from the most to the least desired, and justify their ranking.General Information
Subject Area: Social Studies
Grade: 4
Strand: Financial Literacy (Adopted in 2023)
Standard: Buying Goods and Services
Date Adopted or Revised: 06/14
Status: State Board Approved
Related Courses
This benchmark is part of these courses.
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
Alternate version of this benchmark for students with significant cognitive disabilities.
SS.4.FL.2.AP.2: Place goods and services in a list that prioritizes an individual’s wants.
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Student Resources
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