Turner, Donald Trump) in the free enterprise system. 6 Identify the role of 6 Discuss the function of 6 Describe how the 6 Analyze how financial institutions in providing interaction between investment in physical in providing services checking accounts, buyers and sellers capital (e.g., factories, (e.g., savings savings accounts, and determines market medical accounts, loans). loans. prices. advancements, new technologies) leads to economic growth. 7 Explain the function of 7 Explain how this 7 Describe how government in (unequal) distribution competition (e.g., providing certain of income affects Microsoft-Apple, goods and services public policy and Walmart/Target) through taxation. standards of living. affects supply and demand from the Connect with: vantage point of the Strand 1 Concept 4 consumer and producer. 8 Describe the 8 Describe how market government’s prices provide investment in human incentives to buyers capital: and sellers. a. health b. education c. training of people 9 Describe the 9 Describe how government’s protection of private investment in physical property rights capital (e.g., NASA, provides incentives to transportation). conserve and improve property (e.g., resale market).
Turner, Donald Trump) in the free enterprise system. 6 Identify the role of financial institutions in providing services (e.g., savings accounts, loans). 6 Discuss the function of in providing checking accounts, savings accounts, and loans. 6 Describe how the interaction between buyers and sellers determines market prices. 6 Analyze how investment in physical capital (e.g., factories, medical advancements, new technologies) leads to economic growth. 7 Explain the function of government in providing certain goods and services through taxation. Connect with: Strand 1 Concept 4 7 Explain how this (unequal) distribution of income affects public policy and standards of living. 7 Describe how competition (e.g., Microsoft-Apple, Walmart/Target) affects supply and demand from the vantage point of the consumer and producer. 8 Describe the government’s investment in human capital: a. health b. education c. training of people 8 Describe how market prices provide incentives to buyers and sellers. 9 Describe the government’s investment in physical capital (e.g., NASA, transportation). 9 Describe how protection of private property rights provides incentives to conserve and improve property (e.g., resale market).
Social%20Studies%20Curriculum%204-8.docx