Oklahoma Social Studies MWH.P.2.4

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

• MWH.P.2.4.A

  Evaluate economic data from charts and graphs, noting trends and making predictions.

• MWH.P.2.4.B

  Construct arguments using a combination of evidence regarding solutions used by nations to address historical or contemporary economic issues.

• MWH.P.2.4.C

  Evaluate the impact, both intended and unintended, of government policies on market outcomes at national and global levels, past and present.

01

What Students Need to Do

Students compare how market, command, and traditional economies make choices. They read charts and graphs to spot trends and predict what might happen next. They use evidence to argue how a policy could change prices or trade at home and abroad.

02

What Mastery Looks Like

A student can explain how competing sellers give buyers choices in a town and how trade can bring in goods from other countries. They can cite figures from a graph, make a cautious prediction, and explain who might gain or lose from a tariff, including an unintended effect.

03

Common Misconceptions

Students may think a market economy has no government rules, or that a lower price helps everyone. They may assume a graph proves a policy caused a change without checking the dates, axes, or other possible causes.

04

How to Assess It

Exit ticket: Plot weekly bread sales of 100, 105, 70, and 65 loaves. A $3 price cap replaced a $4 price after week two. Ask students to cite the trend, predict week five, and name one intended benefit and one possible unintended effect.

1. 01

   Hand out bread buyer-budget and seller-cost cards, run open-price and $3 price-cap rounds, then tally sales and buyers left without bread.

2. 02

   Show a 1973 gas-line photo and a short account of U.S. price controls; ask who gained and what else may have caused shortages.

3. 03

   Draw three simple price and trade graphs; teams earn points for each correct trend, prediction, and cited data point.

4. 04

   Use grocery flyers to compare imported bananas and U.S.-grown apples, then predict how a banana tariff could affect shoppers and growers.

• 2.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.

• K.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.

• 5.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.