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Earning, Saving, and Spending Money Flashcards | StudBud
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Earning, Saving, and Spending Money
Earning, Saving, and Spending Money
20 terms
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Flashcards
20 cards
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Questions
20
Answers
1
A consumer is_____________________.
a person who buys a good or a service
a person sings songs
a person that walks dogs
2
What is a want?
food
water
shelter
baskeball
3
Why do people get paid?
to become great singers
to make lasting friendships
buy needs and wants
4
Why is it important to save your money?
to make sure you can buy a raincoat
to make sure you have all your needs to survive
to spend it only on toys
5
What is a service?
anything that you buy
something people do for money
6
Supply is how much of something is available.
True
False
7
What is one way that you could earn money?
mowing your neighbor's lawn
reading a book
volunteering at the food pantry
enjoying a snack
8
If you obtain something, you _________ it.
sing
get
write
9
What is a good?
something people do for money
anything that you buy
10
A need is something you enjoy, like a new video game, a candy bar or a trip to the movies.
False
True
11
A want is anything you need to survive, like food, water, clothes, and shelter.
True
False
12
What is a need?
water
cell phone
a book
video game
13
Demand is how much of something people want.
True
False
14
Wages are___________________________.
similar to Skittles
regular payments of money a worker gets for the work they do
when you get something
15
How can a person earn money?
eating lunch with Ella
singing to Adrian T.
showing the Brown Deer Way
babysitting
16
Which sentence uses the word, "obtain" correctly?
Mason and Janiya obtain 4 stars every day.
Adrien W. obtain bikes.
17
What is one way that people earn money?
going to work
going to the zoo
eating dinner
18
A producer is someone who makes a good or service.
False
True
19
What is NOT a job that an adult would earn money doing?
doctor
teacher
nurse
volunteer
20
Provide means__________.
to make something available
to make someone sing "Sugar"
to make something disappear
