Second Grade Social Studies

Social studies

2.E.MI.1 - Describe how examples of capital, human, and natural resources are related to goods and services.

2.E.MI.2 - Describe how people are both producers and consumers.

2.E.MA.2 - Explain the role of prices in an economic market.

2.E.ST.1 - Explain why people specialize in the production of goods and services.

2.E.IC.1 - Categorize different limited resources as renewable and non-renewable resources.

2.E.KE.1 - Provide examples of each of the factors of production in Kentucky. Factors of production are the resources people use to produce goods and services; they are the economy’s building blocks. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

  • How are each of the factors of production important to farmers?

2.G.KGE.1 - Analyze reasons for similarities and differences in the settlement patterns of North America and Kentucky.