People voluntarily exchange goods and services because they expect to be better off after the exchange. This also may include the more informal exchanges of favors and courtesies.
Standard detail
3.
Benchmark
Depth 1Parent ID: 88B854CACFBC4CCF817174105A7A203DStandard set: Grades K, 1, 2, 3, 4
Original statement
Quick facts
- Statement code
- 3.
- List ID
- 3.
- Standard ID
- D901836B88484441812DE17FF3A8482D
- ASN identifier
- S2604702
- Subject
- Economics
- Grades
- 01, 02, 03, 04, K
- Ancestor IDs
- 88B854CACFBC4CCF817174105A7A203D
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US