South Dakota Content Standards
SD.K-12.E. Grade 3 Economics
K‐12.E.1. Students will apply the fundamental economic ideas and concepts associated with the study of economics.
3.E.1.1. Explain ways producers use resources to produce goods and services.
K‐12.E.5. Students will describe how trade generates economic development and interdependence.
3.E.5.1. Use examples to show that people in modern society may not be able to produce everything they want and depend upon trade with others to meet their wants.