Financial Literacy

Prices can change for goods or services when there are changes __________.

What is this?

What happens to the price of a good when there is a big supply, but little demand?

Money can be earned, saved, spent, or donated.

This picture shows a ______ on bread before a hurricane.

You have to pay taxes on a credit card.

Does a fire fighter provide a good or service?

Which of these is a service?

When prices on cars are high, consumers buy more.

Which of these is a "fair" trade?

Which is easier to get?

Cash is the only way you can pay for goods and services.

Which are examples of needs?

A debit card _____________.

Debit and credit cards are tougher to use than regular money.

Limited resources means

When you have two things you want, but only have money for one, you'll have to make a ________.

When you trade chicken eggs for fresh milk with your neighbor, what is this called?

Another word for barter is trade.

When prices on donuts are low at Casey's, consumers buy more.

What service does a dentist provide?

A banker provides a _____________.

When there is not enough of goods or services for all who want it, this is called __________

Consumers, like you and me, use money to _________.

Does this image show a surplus or shortage?

Both debit and credit cards can _________.

Items that you must have in order to survive are called ____________.

What is it called when you make a plan on how to spend your money?

A producer makes and sells goods and services.

What happens to the price of a Hatchimal when the supply is low, but the demand is high?