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Financial Literacy 2nd Grade Flashcards | StudBud
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Financial Literacy 2nd Grade
Financial Literacy 2nd Grade
13 terms
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a#math #financial literacy #review of #terms
Flashcards
13 cards
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Questions
13
Answers
1
Deposit
Consuming goods or services
Taking money out of your account
Putting money into your account
Producing goods or services
2
Income
Money that is in a bank.
The third day of the week.
Money we give away.
Money received for working.
3
Lending
To steal
To take something with the promise to return it.
To loan something out for a period of time
To give away
4
Producers
Someone who talks about goods or services
Someone who uses goods or services.
Someone who makes or grows goods or services
5
Borrowing
To produce a good or service
To take something and not return it
To take something with the promise to return it
6
Saving
to produce
to spend
to put away or use later
to consume
7
Consumers
A person who listens to others talk about goods or services.
A person who creates and sells goods or services.
A person who hides goods or services.
A person who buys goods or services
8
Withdrawal
Putting money into your account
Producing goods or services
Taking money out of your account
Saving money
9
Wants
Something that we would like to have.
Something that we must have.
Something that we need.
Something that we depend on.
10
Goods
Things that are good.
Things that we eat.
Things that are not good.
Things that are made or sold.
11
Spending
using money to pay for something
saving money
producing
depositing
12
Needs
Something that we must have to live.
Video games and candy.
Designer clothing and shoes.
Something that we'd like to have.
13
Services
A time of day.
Work that someone does for someone else.
Sleeping.
Eating.
