Common Planner
K–12 Standards

Economics: Grade K

Other Pennsylvania Social Studies sets

Scarcity and Choice

  •  

    Scarcity and Choice

    1. A.

      Identify how scarcity influences choice.6.1.K.A

  •  

    Limited Resources

    1. B.

      Identify family wants and needs.6.1.K.B

  •  

    Opportunity Costs

    1. C.

      Identify choices to meet needs.6.1.K.C

  •  

    Incentives and Choice

    1. D.

      Identify a choice based on family interest.6.1.K.D

Markets and Economic Systems

  •  

    Goods and Services

    1. A.

      Identify goods and consumers.6.2.K.A

  •  

    Advertising and Media

    1. C.

      Identify advertisements that encourage us to buy things.6.2.K.C

  •  

    Price Determination

    1. D.

      Identify currency and how it is used.6.2.K.D

Functions of Government

  •  

    Government's Role in International Trade

    1. D.

      Identify products produced in the region or state.6.3.K.D

Economic Interdependence

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    Specialization

    1. A.

      Identify the specialized role performed by each member of the family.6.4.K.A

  •  

    Factors Contributing to Economic Interdependence

    1. D.

      Identify individual wants and needs.6.4.K.D

Income, Profit, and Wealth

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    Factors Influencing Wages

    1. A.

      Identify individuals who volunteer in the community.6.5.K.A

  •  

    Types of Businesses

    1. 5KC.

      Identify goods and services provided by local businesses.6.5.5KC

Frequently asked questions

What grade levels do these standards cover?
Kindergarten
When were these standards adopted?
2012
Where can I read the official document?
Academic Standards for Economics (PreK-3)

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