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List of Benchmarks for Economics 
 Standard 4.Understands basic features of market structures and exchanges
  
Topics1. Competition and market structure; 2. Entrepreneurship/Innovation
   Level IV (Grade 9-12)
  Benchmark 4.Understands that the introduction of new products and production methods by entrepreneurs is an important form of competition and source of technological progress and economic growth
   Vocabulary terms
A.  introduction of products
B.  introduction of production methods
C.  form of competition
D.  technological progress
E.  economic growth
  Knowledge/skill statements
  1. Understands that the introduction of new products and production methods by entrepreneurs is an important form of competition   
  2. Understands that the introduction of new products and production methods by entrepreneurs is a source of technological progress   
  3. Understands that the introduction of new products and production methods by entrepreneurs is a source of economic growth   


Citation Log: BD(NE,22;​PE,13;​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