economic related to scarcity (e.g., opportunity I can identify natural cost, wants and needs, resources. limited productive resources-natural, human, capital) and explain that scarcity requires people to make economic choices and incur opportunity costs. DOK 2 January SS EP 3.2.1 I can identify a bank and Condensed Bank – – Students will identify and give explain why they are examples of economic important. institutions (banks) and explain how they help people deal with the problem of scarcity (e.g., loan money, save money) in today’s market economy. January SS-EP-3.3.1 I can define and Essential Students will define basic services. Services economic terms related to markets (e.g., market I can identify goods and economy, markets, wants services. and needs, goods and services, profit, consumer, demand, barter, money,trade, advertising). DOK 2 February SS-EP-3.3.2 I explain how people get Condensed Goods Students will explain different goods and services. Services ways that people acquire Money goods and services (by trading/bartering goods and services for other goods and services or by money). February SS-EP-3.4.1 I can describe ways that Important Goods Students will define basic goods and services are Services economic terms related to distributed. Distributed
economic related to scarcity (e.g., opportunity cost, wants and needs, limited productive resources-natural, human, capital) and explain that scarcity requires people to make economic choices and incur opportunity costs. DOK 2 I can identify natural resources. January SS – EP – 3.2.1 Students will identify and give examples of economic institutions (banks) and explain how they help people deal with the problem of scarcity (e.g., loan money, save money) in today’s market economy. I can identify a bank and explain why they are important. Condensed Bank January SS-EP-3.3.1 Students will define basic economic terms related to markets (e.g., market economy, markets, wants and needs, goods and services, profit, consumer, demand, barter, money,trade, advertising). DOK 2 I can define and services. I can identify goods and services. Essential Services February SS-EP-3.3.2 Students will explain different ways that people acquire goods and services (by trading/bartering goods and services for other goods and services or by money). I explain how people get goods and services. Condensed Goods Services Money February SS-EP-3.4.1 Students will define basic economic terms related to I can describe ways that goods and services are distributed. Important Goods Services Distributed