Oklahoma Social Studies TOT.P.2.4.C

Social StudiesGrades 9–12Social Studies Practices

The Standard

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

Oklahoma Academic Standards for Social Studies (2026) · TOT.P.2.4

Teacher's field guide

What This Standard Means

What Students Need to Do

Students identify what a government policy was meant to change in prices, jobs, or trade. They use evidence to judge what happened in US and foreign markets, including effects policymakers did not plan.

What Mastery Looks Like

A student can explain how a steel tariff might help US steel producers while raising costs for US carmakers. They can use trade data to describe a foreign response and avoid blaming every market change on the tariff.

Common Misconceptions

Students may assume that a policy helping one industry helps the whole economy. They may miss how foreign governments respond or treat every later price change as a result of the policy.

How to Assess It

Show a short report on the 2018 steel tariffs and a chart of steel prices and trade. Ask students to name one intended effect, one unintended effect, and one effect abroad, with evidence for each.

Lesson moves

Ways to Teach It

  1. Give groups cards showing a tariff goal, steel prices, carmakers' costs, and foreign retaliation; have them build a cause-and-effect chain.

  2. Read short summaries of the 1930 and 2018 US tariffs, then write who each aimed to help and who faced new costs.

  3. Run a four-round trade game with US buyers and foreign sellers; add a $2 import tax and record price and sales changes.

  4. Use a washing machine price chart and a 2018 tariff news clipping to explain effects on US shoppers and foreign sellers.

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Printable TOT.P.2.4.C Worksheet

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