20.1 Making an Income

What is LABOR?

• the work a person does

• money

• needs

• services

Tags

CCSS.RI.2.4

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.RL.3.4

CCSS.RL.4.4

What is INCOME?

• the work a person does

• money that is earned

• time

• experience

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

The amount of TIME you work, EXPERIENCE you have, and the EDUCATION you get can all affect how much money you make.

• True

• False

Tags

CCSS.RI.3.2

CCSS.RI.4.2

CCSS.RL.2.2

CCSS.RL.3.1

CCSS.RL.3.2

Notebook Practice #1

Charles earns $10 each hour and works for 4 hours babysitting his cousins. He wants to spend his earnings buying gifts for his 5 sisters. How much money can he spend on each sister if he wants to spend the same amount on each sister?

• $40

• $5

• $8

• $35

Tags

CCSS.3.OA.D.8

Notebook Practice #2

Jenna works for 7 hours and earns $12 per hour raking leaves in her neighborhood. She wants to use her earnings to buy her lunch for the next 2 weeks. She wants to budget her money to spend the same amount each week.

How much can she spend each week?

• $19

• $84

• $41

• $42

Tags

CCSS.3.OA.D.8

Notebook Practice #6

Josh earns $98 washing cars. He wants to budget his money to have an equal amount to spend each day for a week. How much money can he spend each day?

• $98

• $7

• $13

• $14

Tags

CCSS.3.OA.A.3