Virginia SOL CE.13.g

Social Studies7th GradeEconomic Decisions

The Standard

evaluating how and why governments regulate industry, labor, competition, and monopolies in the marketplace.

Virginia Standards of Learning for History and Social Science · The student will apply history and social science skills to analyze the role of government in the United States economy by

Teacher's field guide

What This Standard Means

What Students Need to Do

Students identify government actions that set rules for businesses, protect workers and consumers, preserve competition, and limit monopoly power. They use evidence to judge why a regulation exists and whether its benefits outweigh its costs.

What Mastery Looks Like

Given a marketplace problem, students can match it to a reasonable government response, such as safety rules, labor laws, or antitrust action. They explain likely effects on consumers, workers, businesses, prices, and competition, then support a judgment with evidence.

Common Misconceptions

Students may think every large company is an illegal monopoly or that all monopolies are banned. They may also assume regulation always lowers prices, helps everyone equally, or comes only from the federal government.

How to Assess It

Exit ticket: A single company buys every local bus service and raises fares. Name one government response, explain its purpose, and judge one likely benefit and cost.

Lesson moves

Ways to Teach It

  1. Run a token market, then add a safety rule, minimum wage, and antitrust action; students track prices, choices, and worker outcomes.

  2. Students answer: Who benefits from a factory safety rule, who pays, and is the rule justified?

  3. Play Regulation Match with cards for child labor, food safety, price fixing, and monopolies matched to government responses and reasons.

  4. Inspect food labels from home, identify required information, and explain how labeling rules protect buyers while adding costs for producers.

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