Quarter 1 Unit will be on ECONOMICS:
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Taxes:
*LEARNING TARGET: I can explain what taxes are and why they are important
Budget:
*LEARNING TARGET: I can explain why creating and following a budget is important
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Production and Goods and Services:
*LEARNING TARGET: I can explain how services and the production of goods affect our economy.
Supply and Demand:
*LEARNING TARGET: I can explain the concepts of supply and demand and how it affects our economy.
Division of Labor and Specialization:
*LEARNING TARGET: I can explain the concepts of Division of Labor and Specialization and how they relate to our global economy.
Interdependence:
*LEARNING TARGET: I can explain the concepts of interdependence and trade-off and how they relate to our global economy.
The Three Types of Economies:
*LEARNING TARGET: I can compare and contrast the three different types of economies that exist in the world.