North Carolina Standards. Understanding of how the United States and other societies develop economic systems and associated institutions to allocate scarce resources, how major decision-making units function in the United States and other national economies, and how an economy solves the scarcity problem through market and nonmarket mechanisms.
Worksheet/Answer keysEconomics Worksheet/Answer keysEconomics Worksheet/Answer keysEconomics
The resources above correspond to the standards listed below:
North Carolina Standards
NC.5.3. Economics and Financial Literacy
5.E.1. Understand how a market economy impacts life in the United States.
5.E.1.2. Explain the impact of production, specialization, technology and division of labor on the economic growth of the United States.
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