Pennsylvania Core and Academic Standards
6.1.5. Scarcity and Choice
Scarcity and Choice
6.1.5.A Explain how limited resources and unlimited wants cause scarcity.
6.1.5.B.1. Explain ways in which people meet their basic needs and wants.
6.2.5. Markets and Economic Systems
6.2.5.D. Identify factors that cause changes in price.
8.1.5. Historical Analysis and Skills Development
Continuity and Change over Time
8.1.5.A. Identify and explain the influences of economic features on continuity and change over time.