7+ss+goal+5

Goal 5:
The learner will evaluate the varied ways people of Africa, Asia, and Australia make decisions about the allocation and use of economic resources.

Select an objective:
[|Objective 5.01]Describe the relationship between the location of natural resources, and economic development, and analyze the impact on selected cultures, countries, and regions in Africa, Asia, and Australia.

[|Objective 5.02]Examine the different economic systems, (traditional, command, and market), developed in selected societies in Africa, Asia, and Australia, and assess their effectiveness in meeting basic needs.

[|Objective 5.03]Explain how the allocation of scarce resources requires economic systems to make basic decisions regarding the production and distribution of goods and services, and evaluate the impact on the standard of living in selected societies and regions of Africa, Asia, and Australia.

[|Objective 5.04]Describe the relationship between specialization and interdependence, and analyze its influence on the development of regional and global trade patterns.