Performance Indicator - SS.E.4.1A:
Students know some ways individuals and groups attempt to satisfy their basic needs and wants by utilizing scarce resources.

Performance Indicator - SS.E.4.1B:
Students explain how people's wants exceed their limited resources and that this condition defines scarcity.

Performance Indicator - SS.E.4.1C:
Students know that scarcity requires individuals to make choices and that those choices involve costs.

Performance Indicator - SS.E.4.1D:
Students study about how the availability and distribution of resources is important to a nation's economic growth.

Performance Indicator - SS.E.4.1E:
Students understand how societies organize their economies to answer three fundamental economic questions: What goods and services shall be produced and what quantities? How shall goods and services be produced? For whom shall goods and services be produced?

Performance Indicator - SS.E.4.1F:
Students investigate how production, distribution, exchange, and consumption of goods and services are economic decisions with which all societies and nations must deal.