Oklahoma Social Studies 2.P.2.4

2.P.2.4 is a cluster heading. These are the individual standards under it.

• 2.P.2.4.A

  Gather basic economic data from various types of graphs and charts.

• 2.P.2.4.B

  Describe freedom of choice when determining needs and wants in a free market, including costs and benefits resulting from economic decisions.

• 2.P.2.4.C

  Describe examples of the goods and services that local and state governments provide, explaining why people trade.

01

What Students Need to Do

Students choose what to buy with limited money and explain what they give up. They read simple charts and graphs about goods sold nearby and brought from other places. They explain why people trade and name goods and services local and state governments provide.

02

What Mastery Looks Like

Given five play coins and a price list, a student chooses a need and a want, then names a benefit and a cost of that choice. They use a picture graph to compare goods from nearby, other states, and other countries. They explain that trade gives buyers more choices and identify a city park and a state highway as things governments provide.

03

Common Misconceptions

Students may call every item they want a need. They may think a purchase costs only money, without noticing what else they could have bought. Some think stores make everything they sell or that a city provides state highways.

04

How to Assess It

Show a picture graph with 4 local apples sold and 2 bananas from another country sold. Ask, “Which sold more, by how many, and why might the store sell both?”

1. 01

   Give pairs five play coins and picture cards with prices; have them buy food and a toy, then name what they could not afford.

2. 02

   Ask, “Why might our grocery store sell bananas from another country when nearby farms grow apples?”

3. 03

   Play Graph Detective with a picture graph of 5 local apples, 3 oranges from another state, and 2 imported bananas; compare the counts.

4. 04

   On a town map, circle the city library and state highway; label which government provides each and how families use them.

• K.P.2.4

  The Kindergarten version of this standard.

• 5.P.2.4

  The 5th Grade version of this standard.

• MWH.P.2.4

  Identify the principles of economic systems and develop an understanding of the benefits of a market system in local, national, and global settings.

• TOT.P.2.4

  Identify the principles of economic systems and develop an understanding of the benefits of a market system in local, national, and global settings.