Social Studies Worksheets and Study Guides Fifth Grade. Economics

The resources above correspond to the standards listed below:

New York State Learning Standards and Core Curriculum

NY.RH.5-8. Reading Standards for Literacy in History/Social Studies
Craft and Structure
RH.5-8.4. Determine the meanings of words and phrases as they are used in a text, including vocabulary specific to domains related to history/social studies.
RH.5-8.5. Describe how a text presents information (e.g., sequentially, comparatively, causally).
Range of Reading and Level of Text Complexity
RH.5-8.10. By the end of grade 8, read and comprehend history/social studies texts in the grades 5-8 text complexity band independently and proficiently.
NY.5P. Grade 5: Social Studies Practices
5P.A. Gathering, Interpreting, and Using Evidence
5P.A.5. Identify implicit ideas to draw inference, with support.
5P.E. Economics and Economic Systems
5P.E.2. Show examples of various types of resources (human capital, physical capital, and natural resources) required to provide goods and services.
NY.5. The Western Hemisphere
5.7. ECONOMICS: The peoples of the Western Hemisphere have developed various ways to meet their needs and wants. Many of the countries of the Western Hemisphere trade with each other, as well as with other countries around the world. (Standards: 1, 2, 3, 4; Themes: TCC, GEO, ECO, EXCH)
5.7a. Different types of economic systems have developed across time and place within the Western Hemisphere. These economic systems, including traditional, market, and command, address the three economic questions: what will be produced, how it will be produced, and who will get what is produced?
5.7a.1. Students will explore the characteristics of a traditional economy used by the Inuit, the market economy of the United States or Canada, and the command economy of Cuba, noting similarities and differences.
5.7c. Countries trade with other countries to meet economic needs and wants. They are interdependent.
5.7c.1. Students will examine products that are imported into markets within the United States based on demand for these products, noting how this affects the United States economy.
5.7c.2. Students will examine products that are exported from the United States to other markets in the Western Hemisphere, noting how this affects the United States economy.