Virginia SOL CE.12.b
The Standard
describing the critical components of the United States economy, such as limited government, private property, markets, consumer sovereignty, and competition
Virginia Standards of Learning for History and Social Science · The student will apply history and social science skills to describe the United States economy by
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students explain how ownership, buyer choices, seller rivalry, markets, and government rules shape economic decisions. They identify these features in examples and describe their effects.
What Mastery Looks Like
- Students correctly match a scenario to one or more economic features. They explain how consumer choices and competition affect prices, products, and business decisions.
Common Misconceptions
- Students may think limited government means no laws or regulation. They may confuse consumer sovereignty with government power, or think a market must be a physical place.
How to Assess It
- Give this exit ticket: “Customers switch phone companies, so one company lowers its prices. Name two economic features shown and explain each.”
Lesson moves
Ways to Teach It
Give groups scenario cards and five labeled mats, then have them sort each card and defend one choice.
Ask students to write: “Who influences what businesses sell?” Require examples involving buyers, sellers, and government.
Run a matching relay where teams pair economic feature cards with definitions, examples, and likely effects.
Have students compare two grocery store ads and explain how competition and consumer choice may affect prices and products.
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Printable CE.12.b Worksheet
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Related Standards
- CE.12.e
explaining the role of consumers, producers, and government interactions on the economy;
- CE.12.a
evaluating the shared fundamental principles and connection of free enterprise and democracy;
- CE.12
The student will apply history and social science skills to describe the United States economy by
- CE.13.f
describing how governments regulate commerce to protect consumers, the environment, competition in the marketplace, and property rights; and
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