#1 - I CAN explain how people decide what to produce, how to produce and for whom to produce.
#2 - I CAN explain how specialization leads to global trade.
#3 - I CAN explain how supply, demand and competition interact to determine price.
#4 - I CAN explain how individual compare price and quality when selecting goods and services.
#5 - I CAN compare data on charts and graphs to make economic conclusions.