Economics 4

With help, the student demonstrates partial success at 2.0 and 3.0.

I can recognize or recall specific vocabulary, such as: consumer, producer, budget, product, cost, business, entrepreneur, capital resources, human resources, natural resources, goods, and services

I will perform basic processes, such as: recognize the three basic questions all economic systems must answer: What to produce? How to produce it? For whom?

I can explain the three basic questions all economic systems must answer: What to produce? How to produce it? For whom?