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Content
Indicators > Social
Studies > Economics > 1st Grade
K-2 Grades: Social Studies Benchmarks for Economics
A. Explain how the
scarcity of resources requires people to make choices to satisfy their
wants.
B. Distinguish between goods and services and explain how people
can be both buyers and sellers of goods and services.
C. Explain ways
that people may obtain goods and services.
Economics (Scarcity and Resource Allocation)
1st Grade:
1. Explain that wants are
unlimited and resources are scarce, thereby forcing individuals to make
choices.
Economics (Production, Distribution, & Consumption)
1st Grade:
2. Describe the ways people produce, consume, and exchange goods and
services in their community.
Listed below are Content Resources for this Indicator. They are condensed files that include links,
definitions of content standards, and other information.
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Buckeye Furnace: Buckeye Furnace Buildings and Grounds (523 k)
Students will learn of the raw materials and the
process of producing iron.
Museum Tour: Museum of Ceramics (3,132 k)
Students will learn about the area,
rich in clay and coal, which was located along the river. Through the 19th century, East Liverpool's
early entrepreneurs developed the town into the leading pottery and ceramic-producing center of the
world.
Schoenbrunn: Village Tour
(164 k)
Students will learn about The Ohio Historical Society's
reconstructed Moravian village, an 18th century Christian mission to the
Delaware Indians.
Youngstown: Museum Tour (2,107 k)
Students will learn about the rise and fall of the steel industry in the Youngstown area.
Students will view artifacts, photographs, and full-scale re-creations of the
places where steelworkers lived and labored.
Economics (Markets)
1st Grade:
3. Explain ways that people may obtain goods and services that
they do not produce including the use of money and barter.
Listed below are Content Resources for this Indicator. They are condensed files that include links,
definitions of content standards, and other information.
Requires Adobe Acrobat ® Reader, and will load in new browser windows.
Campus Martius: Early Settlement
(1,468 k)
The earliest settlers who left evidence in Marietta were the Adena and Hopewell cultures
who built their mounds in the Muskingum and Ohio River valleys. The American Indians,
then the Europeans and Colonial settlers succeeded these earliest cultures.
Schoenbrunn: Village Tour
(164 k)
Students will learn about The Ohio Historical Society's
reconstructed Moravian village, an 18th century Christian mission to the
Delaware Indians.
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