SS.7.E.1.3

Review the concepts of supply and demand, choice, scarcity, and opportunity cost as they relate to the development of the mixed market economy in the United States.
General Information
Subject Area: Social Studies
Grade: 7
Strand: Economics
Status: State Board Approved

Related Courses

This benchmark is part of these courses.
2106016: M/J Civics & Career Planning (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 - 2023 (current), 2023 and beyond)
2106020: M/J Civics, Advanced (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 - 2023 (current), 2023 and beyond)
2106026: M/J Civics, Advanced & Career Planning (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 - 2023 (current), 2023 and beyond)
2104030: M/J United States Economics Geography (Specifically in versions: 2014 - 2015, 2015 - 2019 (course terminated))
2104035: M/J United States Economics & Geography Advanced (Specifically in versions: 2014 - 2015, 2015 - 2019 (course terminated))
7821023: Access M/J Civics and Career Planning (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2019, 2019 and beyond)
7821021: Access M/J Civics (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 and beyond)

Related Access Points

Alternate version of this benchmark for students with significant cognitive disabilities.
SS.7.E.1.In.c: Identify common examples of the concepts of supply and demand, choice, scarcity, and opportunity cost.
SS.7.E.1.Su.c: Recognize common examples of the concepts of supply and demand, choice, and scarcity.
SS.7.E.1.Pa.c: Recognize an example of choice and scarcity.

Related Resources

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