NORTH CAROLINA ESSENTIAL STANDARDS

Social Studies

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Grade 5

Strand: Economics and Financial Literacy

• NCES.5.EC.1 - Understand how a market economy impacts life in the United States.

  • NCES.5.EC.1.2

  • Subject: Social Studies
  • Description: Explain the impact of production, specialization, technology and division of labor on the economic growth of the United States.