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Basic Economic Concepts

3rd Grade

Georgia Standards of Excellence (GSE): SS3E3.a

Describe the interdependence of consumers and producers.

Georgia Standards of Excellence (GSE): SS3E3.b

Describe how goods and services are allocated by price in the marketplace.

Georgia Standards of Excellence (GSE): SS3E3.c

Explain that some goods are made locally, some elsewhere in the country, and some in other countries.

Georgia Standards of Excellence (GSE): SS3E3.d

Explain that most countries create their own currency for use as money.



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