Standard 3: Economic Concepts Students understand economic concepts and the characteristics of various economic systems.

 Narrative for the Economic Concepts

Fourth grade students apply their growing academic skills and knowledge to an exploration of North Dakota and its relationships with regional, national, and world communities. Students are beginning to develop a more refined concept of time and can begin to deal with cause-and-effect relationships and decision-making processes, such as identifying problems and considering alternative solutions and their subsequent consequences. These skills and concepts must be related to students’ lives and should be presented in a wide variety of resources and hands-on-activities.  

The Economics standard helps students study and compare the characteristics of North Dakota changing economy in the past and present.

Calculation Method for Standards

Standards are larger groups of related benchmarks. The Standard Grade is a calculation of all the related benchmarks. Click on the benchmark name below each Standard to access the learning targets and proficiency rubrics for each standard's related benchmarks.