Pennsylvania Core and Academic Standards
PA.5.3. Civics and Government
5.3.3. How Government Works
5.3.3.I. Explain the role of taxes in operating government.
6.1.3. Scarcity and Choice
6.1.3.B. Identify needs and wants of people. Identify examples of natural, human, and capital resources.
6.3.3. Functions of Government
6.3.3.C. Define tax and explain the relationship between taxation and government services.
6.5.3. Income, Profit, and Wealth
Factors Influencing Wages
6.5.3.A. Explain why people work.
6.5.3.B. Explain the differences in earnings by those in different jobs.
Types of Businesses
6.5.3.C. Describe how different businesses meet the needs and wants of families.
Distribution of Wealth
6.5.3.E. Identify tangible and intangible assets.
Costs and Benefits of Saving
6.5.3.G. Define saving and explain why people save.