Texas
6th GradeState Standards
§113.18: Social Studies, Grade 6, Adopted 2022
(6): Economics. The student understands the factors of production in a society's economy.
(A): describe ways in which the factors of production (natural resources, labor, capital, and entrepreneurs) influence the economies of various contemporary societies
(B): identify problems that may arise when one or more of the factors of production is in relatively short supply
(C): explain the impact of the distribution of resources on international trade and economic interdependence among and within societies
(7): Economics. The student understands the various ways in which people organize economic systems.
(A): compare ways in which various societies organize the production and distribution of goods and services
(B): compare and contrast free enterprise, socialist, and communist economies in various contemporary societies, including the benefits of the U.S. free enterprise system
(C): understand the importance of ethics in maintaining a functional free enterprise system
(8): Economics. The student understands categories of economic activities and the data used to measure a society's economic level.
(A): define and give examples of agricultural, retail, manufacturing (goods), and service industries
(B): describe levels of economic development of various societies using indicators such as life expectancy, gross domestic product (GDP), GDP per capita, and literacy