Unit 6 Week 4 The Big Picture of Economics

Is the money we use today the same as the money we used hundreds or thousands years ago?

• Yes
• No

Tags

CCSS.RI.1.4

CCSS.RI.2.1

CCSS.RI.3.1

CCSS.RL.2.1

CCSS.RL.3.1

If you start a business, you will need to spend money BEFORE your first transaction. What will you most likely spend money on before your first transaction?

• a new haircut
• vacation to the beach
• items you need for your business
• a birthday present

What does the proverb, "The worth of a thing is what it will bring" mean?

• If your thing is something people want - they will pay more for it! (Supply & Demand)
• If your thing is something people don't need - they will pay a lot for it!

Tags

CCSS.RI.4.7

CCSS.RI.5.7

CCSS.RL.3.7

CCSS.RL.4.7

CCSS.RL.5.7

As supply goes up, prices go ______________.

• up
• down

As supply goes down, prices go _____________. 

• up
• down

Tags

CCSS.8.EE.B.5

What currency do we use in the United States?

• pesos and centavos
• euros
• rubles and kopeks
• dollars and cents

Which word is almost the same as money

• invest

• Currency

• economics

• global

Tags

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.RL.3.4

CCSS.RL.4.4

CCSS.RL.5.1

which word means the same as things that are bought or sold

• invest

• transaction

• merchandise

• marketplace

Tags

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.RL.3.4

CCSS.RL.4.4

CCSS.RI.5.4

Which word means the same as spend

• invest

• entrepreneur

• global

• merchandise

Tags

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.RL.3.4

CCSS.RL.4.4

CCSS.RL.5.4