Our first unit is Economics. Students will understand how our personal economic decisions affect our lives and how our market economy has impacted the history of the United States.
The objectives we will cover are: 5.E.1 Understand how a market economy impacts life in the United States.
E.1.1 Summarize the role of international trade between the United States and other countries through Reconstruction.
E.1.2 Explain the impact of production, specialization, technology and division of labor on the economic growth of the United States.
5.E.2 Understand that personal choices result in benefits or consequences.
E.2.1 Explain the importance of developinga basic budget for spending and saving.