Nebraska Standards for 'Nebraska Entrepreneur Success Stories, Lesson 1, (PDF)'
Social Studies 4.2
Students will describe the contributions from the cultural and ethnic groups that made up our national heritage:
Native Americans, Hispanic Americans, African Americans, European Americans, and Asian Americans.
Example Indicators:
- Identify famous inventors.
- Identify contributions of special groups, e.g., labor unions, buffalo soldiers, and farmers' co-ops.
Social Studies 4.3
Students will describe social and economic development of Nebraska in the 20th century.
Example Indicators:
- Identify the accomplishments of 20th century Nebraskans.
- Explain the impact of advance in transportation, communication, immigration, and economic development.
Social Studies 4.8
Students will describe characteristics of a market economic system and the interactions of consumers and producers.
Example Indicators:
- Describe the concepts of scarcity, choice, and the use of limited natural, capital, and human resources in an economic system.
- Explain the specialization and interdependence of producers and consumers involved in producing goods and services.
- Demonstrate how markets and prices help consumers buy and producers supply products and services in an economic system.
- Identify how changing modes of transportation and communication by entrepreneurs have changed the economic system of the United States and Nebraska.
- Explain the purpose of taxes and their use and collection in an economic system.
