Unit 1 – SS – 1st Quarter Overview
5.E.1 Understand how a market economy impacts life in the United States.
5.E.1.1 Summarize the role of international trade between the United States and other countries through Reconstruction.
5.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.
5.E.2.1 Explain the importance of developing a basic budget for spending and saving.
5.E.2.2 Evaluate the costs and benefits of spending, borrowing and saving