5th grade · Social Studies · Unit 12 of 13
Free Enterprise & Work
How Americans make, sell and earn
What your child practices
How the free enterprise system works and its benefits, supply and demand, how people in different regions earn a living, immigration and migration, and mass production, specialization and division of labor.
Texas Essential Knowledge and Skills (TEKS) teks student expectation: 5.10(A); 5.10(B); 5.10(C); 5.11(A); 5.12(A); 5.12(B); 5.12(C); 5.12(D) · the free enterprise system, supply and demand, regional economies, migration and mass production
How we explain it
Children can open this short lesson before they practice.
- In free enterprise, businesses are mostly owned by private people.
- Supply and demand: more demand with the same supply raises prices; much more supply than demand lowers them.
- Division of labor splits a job into steps for different workers. Factories grew near rivers for power and shipping.
Example: Supply of apples is much greater than demand. What happens to the price? Sellers have too many apples. They lower prices to sell them. Answer: It goes down.
Free Enterprise & Work in Texas
In the Texas Essential Knowledge and Skills (TEKS), this is unit 12 of 13 in 5th grade Social Studies, after Symbols, Rights & Citizens and before Mapping the United States.
Gradelings describes a child's practice on this unit as Beginning, Approaching, Meeting or Exceeding (Four practice steps). That reflects practice, not a report-card mark: the teacher decides the mark.
- 5th grade guide for Texas parents
- Printable 5th grade Social Studies sheet
- Texas report cards explained
Source: Texas Education Agency (TEA)
Sample questions
A taste of this unit. In the app, questions change every time and get easier or harder to match your child.
Question 1
Why did the cattle industry grow in Texas after the Civil War?
- cattle could fly
- beef was banned in the North
- there were many cattle and growing demand for beef in the North
- cattle were rare in Texas
there were many cattle and growing demand for beef in the North
Hint: Cattle drives took herds to railroad towns.
Question 2
When demand for a product goes up and supply stays the same, the price usually…
- goes down
- stays at zero
- goes up
- disappears
goes up
Hint: More buyers compete for the same goods.
Question 3
Immigrants have helped the US economy grow by…
- working, starting businesses and bringing skills
- closing factories
- stopping trade
- leaving every job empty
working, starting businesses and bringing skills
Hint: Many workers built railroads, factories and cities.
Question 4
Many people in coastal towns of New England and the Texas coast earn a living from…
- cattle drives
- growing wheat
- the sea
- mining coal
the sea
Hint: Coastal geography shapes jobs.
Question 5
When the supply of a product is much greater than demand, the price usually…
- doubles
- goes up
- stays very high
- goes down
goes down
Hint: Sellers must attract buyers.
Question 6
When the price of gasoline goes up, consumers often…
- stop paying attention
- buy bigger cars
- drive less or buy smaller cars
- drive more
drive less or buy smaller cars
Hint: Prices affect consumer choices.