Second Grade Ecomonics SOLs

Economics



2.6  The student will explain the interdependence of producers and

       consumers in a market economy by describing factors that have

       influenced consumer demand and describing how producers have

       used natural resources, human resources, and capital resources

       to produce goods and services in the past and the present.



2.7  The student will identify examples of making economic choices

       and will explain what is given up when making a choice;

       distinguish between money and barter economies; and explain the

       differences between using cash, checks, and credit to purchase

       goods and services.



2.8  The student will compare different ways that money can increase

       in value through savings and investment (e.g., bank savings

       accounts, investments in stocks and bonds, and investments in

       real estate and other valuable goods).

Powerpoint Presentations
• Wants and Needs
• Goods and Services
• Producers and Consumers
• Producers and Resources