5.SS.11.A
Explain how supply and demand affects consumers in the United States.
Grade 5 · Texas Essential Knowledge and Skills (TEKS) · TEKS 2010
Standard Unwrapping
AI-generated as a starting point — sign in to edit.Vocabulary
supplydemandconsumersUnited Statesfree enterprise system
Skills
- explain (how supply affects consumers) #dok2
- explain (how demand affects consumers) #dok2
- describe (the relationship between supply, demand, and consumer behavior) #dok2
- identify (examples of supply and demand impacting consumers) #dok1
- predict (how changes in supply and demand can affect consumers) #dok3
Learning Targets
- I can identify examples of supply and demand in the United States. #dok1
- I can explain how supply affects consumers in a free enterprise system. #dok2
- I can explain how demand affects consumers in a free enterprise system. #dok2
- I can describe how changes in supply or demand influence consumer choices. #dok2
- I can predict the result of changes in supply and demand on consumers. #dok3
Big Ideas
- Supply and demand are important forces that impact what consumers can buy and at what price in the United States.
- Understanding how supply and demand work helps explain consumer choices and economic outcomes in a free enterprise system.
Essential Questions
- What does it mean when supply or demand changes in a market?
- How do changes in supply and demand affect what consumers can buy and the prices they pay?
- Why is understanding supply and demand important for consumers in the United States?
- How does the free enterprise system rely on the relationship between supply, demand, and consumer choices?
- What are some real-life examples of supply or demand changes impacting consumers in your community?