When consumers make purchases, goods and services are transferred from businesses to households in exchange for money payments. That money is used by businesses to pay for productive resources (natural, human, and capital). Governments also provide goods and services that are paid for with tax receipts.
Standard detail
5.
Benchmark
Depth 1Parent ID: 370984F1735D4DED9DF9365CC33EEAAAStandard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 5.
- List ID
- 5.
- Standard ID
- 34DA56081D6C4237A366E71AB90A878F
- ASN identifier
- S2604858
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 370984F1735D4DED9DF9365CC33EEAAA
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US