Standard 1: Understand the fundamental concepts relevant to the development of a market economy.

General Information
Number: SS.8.E.1
Title: Understand the fundamental concepts relevant to the development of a market economy.
Type: Standard
Subject: Social Studies
Grade: 8
Strand: Economics

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Independent

SS.8.E.1.In.a
Identify how economic factors affected the development of America over time, such as supply and demand, scarcity, profits, and incentives.

Supported

SS.8.E.1.Su.a
Recognize that economic factors affected the development of America over time, such as supply and demand, scarcity, and incentives.

Participatory

SS.8.E.1.Pa.a
Recognize that people work for incentives.

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