74 Slides of Unit Plan awesomeness! This unit plan took me around 8 hours to complete so your $5 will be well-spent. It includes your necessary base knowledge, numerous videos and interactive sites for the students to explore, quiz sites, science notebook writing opportunities, etc. This unit is for the new GSE 4th grade standards. Upload to Google Classroom and students can follow along/go on interactive adventures when prompted.
SS4E1 Use the basic economic concepts of trade, opportunity cost, specialization, voluntary
exchange, productivity, and price incentives to illustrate historical events.
a. Describe opportunity cost and its relationship to decision-making across time (e.g.,
decisions to settle in the west).
b. Explain how price incentives affect people’s behavior and choices: decisions about what crops (e.g., cotton, and tobacco) to grow and products (e.g., textiles) to produce.
c. Describe how specialization improves standards of living (e.g., differences in the
economies in the North and South).
d. Explain how voluntary exchange helps both buyers and sellers (e.g., Gold Rush mining towns).
e. Describe how trade promotes economic activity (e.g., trade between the U.S. and Europe).
f. Give examples of technological advancements and their impact on business productivity during the development of the United States (e.g., cotton gin, steamboat, steam locomotive, and telegraph).
SS4E2 Identify the elements of a personal budget (income, expenditures, and saving) and explain why personal spending and saving decisions are important.