Georgia SS4E1.b

Social Studies4th GradeEconomic Understandings

The Standard

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.

Georgia Standards of Excellence for Social Studies · Use the basic economic concepts of trade, opportunity cost, specialization, voluntary exchange, productivity, and price incentives to illustrate historical events.

Teacher's field guide

What This Standard Means

What Students Need to Do

Students connect changes in selling prices to choices made by farmers and manufacturers. They explain why expected earnings might shift land and labor toward cotton, tobacco, or textiles.

What Mastery Looks Like

A student can predict how a price change may affect what a farmer grows or a mill produces. The student uses price evidence and considers costs, land, labor, and demand.

Common Misconceptions

Students may say farmers buy more cotton when cotton prices rise, rather than grow more to sell. They may think a high selling price always means high profit or that producers can switch products immediately.

How to Assess It

Exit ticket: Cotton prices rise while tobacco prices fall. Which crop would a farmer likely plant more of, and why?

Lesson moves

Ways to Teach It

  1. Give pairs four field squares, crop cards, and price cards, then have them choose cotton, tobacco, or food crops for each round.

  2. Ask students to write: Why might a farmer plant more cotton when cotton prices rise, and what could limit that choice?

  3. Play Price Signal Sort: students match rising or falling price cards to likely production choices, then explain each match.

  4. Compare two school fundraiser products with different selling prices and costs, then decide which one the class should produce.

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