TEKS: Chapter 113. Social Studies See All Teacher Resources

113.20.b.14

(14) Economics. The student understands the origins and development of the free enterprise system in the United States. The student is expected to:

• (A) explain why a free enterprise system of economics developed in the new nation, including minimal government intrusion, taxation, and property rights; and
• (B) describe the characteristics and the benefits of the U.S. free enterprise system during the 18th and 19th centuries.