Wonders Grade 4 Unit 6 Week 4

Front

What is a transaction?

Back

A transaction is the act of carrying out a business exchange.

Front

What is a marketplace?

Back

A marketplace is a place where food and other products are bought and sold.

Front

What is economics?

Back

Economics is the science that studies the way people use resources to produce goods and services.

Front

What does it mean to invest?

Back

To invest is to use money to buy something that will make more money.

Front

What is merchandise?

Back

Merchandise refers to goods that are bought and sold.

Front

What is currency?

Back

Currency is the system of money in general use in a particular country.

Front

What is an entrepreneur?

Back

An entrepreneur is a person who starts and runs a business.

Front

What is the purpose of a transaction?

Back

The purpose of a transaction is to exchange goods, services, or money.

Front

What are resources in economics?

Back

Resources are materials or assets used to produce goods and services.

Front

What is the role of a marketplace in an economy?

Back

A marketplace facilitates the buying and selling of goods and services.