Financial Literacy 3-5

Question 1

What are the 3 steps for planning a job?

Accepted Answer

Think and talk, create the plan, gather resources

Question 2

To Barter means to use money to buy and sell goods and services

Accepted Answer

False

Question 3

If a product is imported it is brought into one country from another

Accepted Answer

True

Question 4

a producer is a person who spends money on a product or service

Accepted Answer

False

Question 5

A Budget shows

Accepted Answer

all of these things

Question 6

What is something OUR grocery store might need to import?

Accepted Answer

Oranges

Question 7

What is something you probably can't do to earn money

Accepted Answer

Eat Skittles

Question 8

a Bank is a business that keeps, exchanges, and lends money to people

Accepted Answer

True

Question 9

You can use this to buy things

Accepted Answer

Credit card

Question 10

Interdependence means people do not depend on each other to get things they want and need.

Accepted Answer

False

Questions 10