From this browse and search tool, you will find the New York State (NYS) Learning Standards statements for all seven standard areas across grades PreK - 12. The NYS Learning Standards provides the foundation for the NYS Assessments and the local core curriculum.
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Performance Indicator - SS4.C.1A:
Students analyze the effectiveness of varying ways societies, nations, and regions of the world attempt to satisfy their basic needs and wants by utilizing scarce resources.
Performance Indicator - SS4.C.1B:
Students define and apply basic economic concepts such as scarcity, supply/demand, opportunity costs, production, resources, money and banking, economic growth, markets, costs, competition, and world economic systems.
Performance Indicator - SS4.C.1C:
Students understand the nature of scarcity and how nations of the world make choices which involve economic and social costs and benefits.
Performance Indicator - SS4.C.1D:
Students describe the ideas, principles, structure, practices, accomplishments, and problems related to the United States economic system.
Performance Indicator - SS4.C.1E:
Students compare and contrast the United States economic system with other national economic systems, focusing on the three fundamental economic questions.
Performance Indicator - SS4.C.1F:
Students explain how economic decision making has become global as a result of an interdependent world economy.
Performance Indicator - SS4.C.1G:
Students understand the roles in the economic system of consumers, producers, workers, investors, and voters.
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