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Social Studies
 
  Grade Level:   8  
  EALR:   2. ECONOMICS The student applies understanding of economic concepts and systems to analyze decision-making and the interactions between individuals, households, businesses, governments, and societies.  
  Component:   2.1 Understands that people have to make choices between wants and needs and evaluate the outcomes of those choices.  
  Grade Level Expectation:   2.1.1 Analyzes examples of how groups and individuals have considered profit and personal values in making economic choices in the past or present.  
 
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Examples
-Examines how the profit motive inspired the entrepreneurship of Levi Strauss, Richard Sears, Alvah Roebuck, Henry Wells, and William G. Fargo during the Gold Rush.
-Examines how the personal values of settlers determined what services were established, including saloons and general stores.
Suggested Unit
  • U.S.—Development and Struggles in the West, Industrialization, Immigration, and Urbanization (1870—1900)