4.SS.10.A
Describe how the free enterprise system works, including supply and demand.
Grade 4 · Texas Essential Knowledge and Skills (TEKS) · TEKS 2010
Standard Unwrapping
AI-generated as a starting point — sign in to edit.Vocabulary
free enterprise systemsupplydemand
Skills
- describe (how the free enterprise system works) #dok2
- explain (the relationship between supply and demand) #dok2
- identify (key features of the free enterprise system) #dok1
Learning Targets
- I can identify the free enterprise system. #dok1
- I can describe how the free enterprise system works. #dok2
- I can explain the relationship between supply and demand in a free enterprise system. #dok2
Big Ideas
- The free enterprise system is based on the interactions between supply, demand, and individual choice.
- Understanding supply and demand helps explain how prices and availability of goods and services are determined in a free enterprise system.
Essential Questions
- What is the free enterprise system and how does it work?
- How do supply and demand influence what goods and services are available?
- Why is choice important in a free enterprise system?
- How does the free enterprise system affect people's everyday lives?
- What are some examples of supply and demand in your community?