Goods, Services, and Opportunity Cost
4th grade goods and services sort with an apple, dog walker, books, and school bus, plus a bakery story on producers, consumers, and opportunity cost.
4th Grade Economics Worksheets
C3-aligned economics: comparing the benefits and costs of individual choices and weighing trade-offs in everyday decisions.
4th Grade Social Studies6 worksheets
Economics worksheets to download
Spending Choices Exit Ticket
4th grade opportunity cost exit ticket: define the term, name the cost of a snack over saving for a book, and rate the day. Three tickets per page.
Benefit or Cost Sorting Activity
4th grade benefit or cost sort: decide on a class hamster by sorting 16 outcomes, from vet bills to learning responsibility. Answer key included.
Opportunity Cost Fill in the Blanks
4th grade opportunity cost fill in the blanks: complete Leo's birthday money story with scarcity, trade-off, benefit, and more. Answer key lists all 12 words.
Making Choices with Money Homework
4th grade making choices with money homework: weigh a $20 birthday gift three ways, interview a family adult, and plan savings. Example answer key.
Benefits and Costs Unit Test
4th grade benefits and costs unit test: 24 questions on scarcity and opportunity cost, Leo and Emma scenarios, and a sneakers or tablet paragraph. Answer key.
Curriculum objectives covered
D2.Eco.1.3-5
“Compare the benefits and costs of individual choices.”
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State History
C3-aligned history: using evidence to develop claims about the past and explaining how regions of the United States have changed over time.
US Regions
C3-aligned geography: explaining how culture influences the way people modify and adapt to their environments across US regions.
Government and Civics
C3-aligned civics: explaining the origins and purposes of rules, laws, and key provisions of the US Constitution.