Social Studies Worksheets and Study Guides Third Grade. Goods and Services

The resources above correspond to the standards listed below:

Connecticut Standards

CT.1. Economics: Limited Resources: Students will demonstrate that because human, natural and capital resources are limited, individuals, households, businesses and governments must make choices.
1.2. Identify goods and services and give an example of each.
CT.1. History: Historical Thinking: Students will develop historical thinking skills, including chronological thinking and recognizing change over time; contextualizing, comprehending and analyzing historical literature; researching historical sources; understanding the concept of historical causation; understanding competing narratives and interpretation; and constructing narratives and interpretation.
1.2. Engage in reading challenging primary and secondary historical source materials, some of which is contradictory and requires questioning of validity.
1.4. Identify the main idea in a source of historical information.
CT.2. Economics: Economic Systems: Students will demonstrate that various economic systems coexist, and that economic decisions are made by individuals and/or governments, influenced by markets, cultural traditions, individuals and governments in the allocation of goods and services.
2.2. Explain that there are different economic systems in the world and that these systems use different means to produce, distribute and exchange goods and services.
2.3. Explain that a market exists whenever buyers and sellers exchange goods and services.
2.4. Define a consumer and a producer and their roles in a market system.