Economics

When you buy something you are a consumer.

• True

• False

To put money into your bank or account is called

• Saving

• withdrawl

• Deposit

• Spending

Which of these are needs? Select all that are needs.

• Water

• Food

• Somewhere to sleep

• Video games

The amount paid or charged for something

• Wants

• Cost

• Needs

• Deposit

When you take money out of your account it’s called a....

• Want

• Income

• Withdrawals

• Spend

A producer is someone who offers a service or makes/grow goods

• True

• False

Which ones below are services?

• Buying an Apple

• Doctors

• Dentist

• Hair Salon

Services are things that are made or grown.

• True

• False

A (a)   is a place that will keep your money safe until you need to withdrawal it.

Money received for working is called

• Spending

• Trade and barter

• Income