Content Standard: Economics
B. Economic Systems of the United States
Students will understand the economic system of the United States, including its principles, development, and institutions.
Common Assessment(s): Assessment yet to be determined

Performance Indicators Students will be able to:	Essential Elements (Specific grade level learning objectives)			Suggested Performance Activities	Suggested Classroom Assessments	Vocabulary
1. Explain the terms consumer and product.	Relating the terms consumer and product to their own lives.			The students will talk about commercials in relation to consumer and product. They will play store. They will discuss the terms consumer and product as they apply to their use of the pencil machine, and when buying snack or attending the Book Fair.	The students will define the terms consumer and product in written form, orally, or in pictures.	consumer product commercial