Topic outline

  • Commons

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    Social Studies

    The BPSS (SST) Social Studies Commons course in Learnbps ...

  • Standard 3:

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    Economic Concepts


    Use these learning activities and resources to understand economic concepts and the characteristics of various economic systems.
    • Resources for Standard 3 Book

      Resources
      SST Resources

      SST-05.3 Economic Concepts

        • SST-05.3.01 Describe how various non-economic factors (e.g., culture, values, interests) can influence economic behaviors and decision making
        • SST-05.3.02 Explain the relationships between scarcity and resources (e.g., home building materials, food, clothing, hunting)
        • SST-05.3.03 Describe the concept of competition and its relationship to price (e.g., market based economy)
        • SST-05.3.04 Describe the basic concepts of imports, exports, and international trade