Sectors of the Economy

What does Monetary mean?

• Money or currency

• Buying

• Selling

• Producing

A system of exchange whereby one good/service is given in return for another is

• Tax

• Buying

• Bartering

• Exchanging

Anyone who creates goods or services that is in need is a

• Consumer

• Barterer

• Consumer

• Producer

Anyone who buys and good or service is a

• Producer

• Tax collector

• Consumer

• Currency

New ideas, methods or devices are examples of

• Innovation

• Production

• Good business

• Services

Bank accounts where you store money you don't need right away but still keep it easily accessible is a

• Tax account

• Checking account

• Savings account

• House account

Earning extra money in a savings account is an example of

• Bartering

• Interest

• Investment

• Tax

A charge of interest for buying an item or service is called

• Interest

• Tax

• Bartering

• Checking

What do government build with taxes money?

• Roads, Amusement parks, and Rest Homes

• Buildings, schools, and race tracks

• Libraries, roads, parks, and schools

• Public restrooms

McDonalds is an example of a

• Private sector

• Public sector

• Government sector

• Community sector