3.4. Students will explain how people in the local community make choices about using goods, services and productive resources; how they engage in trade to satisfy their economic wants; how they use a variety of sources to gather and apply information about economic changes in the community; and how they compare costs and benefits in economic decision making.
3.4.2. Give examples of goods and services provided by local business and industry.
3.4.3. Give examples of trade in the local community and explain how trade benefits both parties.
3.4.5. List the characteristics of money and explain how money makes trade easier.