HS.SS.1.B
Describe how societies answer the basic economic questions: what to produce, how to produce, and for whom to produce.
High School · Texas Essential Knowledge and Skills (TEKS) · TEKS 2010
Standard Unwrapping
AI-generated as a starting point — sign in to edit.Vocabulary
societiesbasic economic questionswhat to producehow to producefor whom to produce
Skills
- describe (how societies answer basic economic questions) #dok2
- analyze (differences in how various societies answer economic questions) #dok3
- compare (economic systems based on their answers to the basic questions) #dok3
- explain (implications of answering what, how, and for whom to produce) #dok2
Learning Targets
- I can describe how societies decide what goods and services to produce. #dok2
- I can describe how societies determine the production methods they use. #dok2
- I can describe how societies decide who will receive the goods and services produced. #dok2
- I can compare various societies based on their answers to the basic economic questions. #dok3
- I can analyze the impact of different answers to the economic questions on a society's economy and people. #dok3
Big Ideas
- Every society must answer the basic questions of what to produce, how to produce, and for whom to produce due to limited resources.
- The ways societies answer these questions shape economic systems and impact citizens' standard of living.
Essential Questions
- Why must every society answer the questions of what, how, and for whom to produce?
- How do different societies approach the basic economic questions?
- What are the consequences of how a society answers what to produce, how to produce, and for whom to produce?
- How does the way a society answers these questions reflect its values and priorities?
- In what ways do these decisions influence the daily lives of people in different economic systems?