Week 25: Economic Choices Flashcard
Flashcard
•
Social Studies
•
3rd Grade
•
Practice Problem
•
Hard
Wayground Content
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8 questions
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1.
FLASHCARD QUESTION
Front
Why do people earn money?
Back
To buy things they need and want
2.
FLASHCARD QUESTION
Front
What is one of the things people spend money on after meeting their needs?
Back
Things they want
3.
FLASHCARD QUESTION
Front
Which of the following is NOT mentioned as a need that people spend money on? House payments or rent, Food, Utilities, Video games
Back
Video games
4.
FLASHCARD QUESTION
Front
What do people pay for that is related to their health? Gym memberships, Doctor's visits and dental appointments, Health insurance only, Medications only
Back
Doctor's visits and dental appointments
5.
FLASHCARD QUESTION
Front
What do you agree to when you take out a loan?
Back
To pay back the money over a certain amount of time with interest
6.
FLASHCARD QUESTION
Front
What is the term used for money that you owe?
Back
Debt
7.
FLASHCARD QUESTION
Front
What is one reason why people might choose to save money?
Back
To buy things later, like a car or a house
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