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The student understands the roles of producers and consumers in the production of goods and services. The student is expected to:
Distinguish between producing and consuming;
Identify ways in which people are both producers and consumers;
Examine the development of a product from a natural resource to a finished product.
The student understands the value of work. The student is expected to:
Explain how work provides income to purchase goods and services;
Explain the choices people in the U. S. Free enterprise system can make about earning, spending, and saving money and where to live and work.

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