Weekly 25- Economic Choices

Front

Why do people earn money according to the text?

Back

To buy things they need and want

Front

What is one of the things people spend money on for their health?

Back

Doctor's visits

Front

According to the text, what can people buy after meeting their needs?

Back

Things they want

Front

What is the main purpose of banks and credit unions according to the text?

Back

To help people set up a loan and keep their money safe.

Front

What do you agree to when you take out a loan?

Back

To pay the money back over a certain amount of time with interest.

Front

What is the term used for the money you owe when you have borrowed it?

Back

Debt

Front

Why do many people choose to save money?

Back

To buy things later, such as a car or a house.

Front

What is donating according to the text?

Back

Giving part of what you have to others.

Front

Which sentence is the best example of spending money on a need? Options: Sierra bought a new video game., Jason bought two bags of candy., Sally bought food to make dinner., Juan bought a used baseball glove.

Back

Sally bought food to make dinner.

Front

_____________ money is purchasing something to satisfy a want or need.

Back

Spending