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Indicators > Social
Studies > Economics > 9th Grade
9-10 Grades: Social Studies Benchmarks for Economics
A. Compare how different economic systems answer the
fundamental economic questions of what goods and services to produce,
how to produce them, and who will consume them.
B. Explain how the U.S. government provides public services,
redistributes income, regulates economic activity, and promotes economic
growth and stability.
Economics (Markets)
9th Grade:
1. Describe costs and benefits of trade with regard to:
 a.
Standard of living;
b. Productive capacity;
c. Usage of productive
resources;
d. Infrastructure.
2. Explain how changing methods of production and a countryís
productive resources affect how it answers the fundamental economic
questions of what to produce, how to produce, and for whom to produce.
3. Analyze characteristics of traditional, market, command, and
mixed economies with regard to:
a. Private property;
b. Freedom of
enterprise;
c. Competition and consumer choice;
d. The role of
government.
Economics (Government
And the Economy)
9th Grade:
4. Analyze the economic costs and benefits of protectionism,
tariffs, quotas, and blockades on international trade.
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