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List of Benchmarks for Economics 
 Standard 1.Understands that scarcity of productive resources requires choices that generate opportunity costs
  
Topics1. Production and consumption ; 2. Goods and services
   Level I (Grade K-2)
  Benchmark 4.Knows that people who use goods and services are called consumers, and people who make goods or provide services are called producers, and that most people both produce and consume
   Vocabulary terms
A.  good
B.  service
C.  consumer
D.  producer
E.  production
F.  consumption
  Knowledge/skill statements
  1. Knows that consumers are people who use goods    
  2. Knows that consumers are people who use services   
  3. Knows that producers are people who make goods    
  4. Knows that producers are people who perform services   
  5. Knows that most people are both consumers and producers   


Citation Log: BD(NE,3,16;​CE,4;​EE,78;​JE,15;​SI,41)
Citation reference
BD = benchmark, declarative
BP = benchmark, procedural
BC = benchmark, contextual

1st letter/number of each code in parentheses:
B   International Baccalaureate: Economics
C   Colorado Economics Standards
DD   Department of Defense: Prekindergarten Social Studies Standards
E   NCEE: Framework for Economics
HS   Head Start: Child Outcomes Framework
J   JCEE: Economics, What and When
MH   McGraw-Hill: Pre-Kindergarten Standards: Guidelines for Teaching and Learning
N   NCEE: Voluntary National Content Standards in Economics
NZ   New Zealand Ministry of Education: Early Childhood Curriculum
P   NAEP: 2006 Assessment Framework in Economics for Grade 12
S   NCSS: Curriculum Standards for Social Studies
T   TEA: Texas Prekindergarten Curriculum Guidelines

2nd letter code :
E = Explicitly stated in document
I = Implicit in document

Number:
Page number of the cited document