Communities and Resources

In the modern world, people use _________________ to buy resources.

• cars

• coins

• money

• crops

Natural resources include _________________________,

• water

• air

• machines

• coal

____________________ are things that are useful to people.

• cars

• resources

• toys

• stationary

A ________________ is a plan for managing your money.

Money comes from different sources and can be used for different purposes.

• true

• false

• sometimes

• always

Why must we save our money ?

People can trade labour, goods, and resources for money.

• true

• false

Check the correct answer for a good choice we can make in shopping,

• Buy the best quality so that it lasts longer.

• Borrow money to buy things you want.

• Don't Look for the best prices, shop around to find bargains.

• We must spend all our money for the things we like.

Always spend your money on your needs before your wants.

• true

• false

• never

___________________ exists because money and resources are limited.

• scarcity

• resources

• services

• goods