Economics
Oregon Academic Content Education Standards. The functions of an economy depend largely on the goods and services that are created by the producers. In any economy, the consumers are the people who buy or exchange money or goods, and without the demand or need for goods the economy would be unsuccessful. The difference in the cost of retail sale and the cost of production is the meaning of profit for a business, and is also the goal of producers and businesses. Read More...
◂Social Studies Worksheets and Study Guides Eighth Grade. Economics
Study Guide
EconomicsWorksheet/Answer key
EconomicsWorksheet/Answer key
EconomicsWorksheet/Answer key
Economics
The resources above correspond to the standards listed below:
Oregon Academic Content Standards
OR.SS.8. Grade 8
Economics
8.12. Analyze the roles of competition, supply, and demand in determining prices, wages, services, labor, credit, taxes, tariffs, and foreign currencies.
8.13. Assess the function of imports, exports, innovation, and entrepreneurship in a market economy
8.14. Investigate how economic decisions affect the well-being of individuals within a group (such as enslaved people, indigenous peoples, women, and children), businesses, and society.
Financial Literacy
8.15. Compare and contrast different types of financial institutions and the services they provide (e.g. fees, services)
8.17. Define and explain “fair lending practices” and “financial decision-making.”
Geography
8.20. Identify and describe patterns and networks of economic interdependence, migration, settlement, cultural diffusion, and modern technological development.
Social Science Analysis
8.33. Analyze how a specific problem can manifest itself at local, regional, and global levels over time, identifying its characteristics and causes, and the challenges and opportunities faced by those trying to address the problem.
Standards
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