Money and Markets

A _______ card allows you to spend money now and pay later.

• credit

• debit

• cash

What is a market?

• a place that only sells food

• a place to sleep

• a place that sells things people need

Why do people use a bank?

• to get loans

• to keep their money safe

• both of the answers

_____ describes how much of something is available.

• Supply

• Demand

• A lot

______ is how many people want or need a resource.

• Demand

• Supply

• Low

When the supply is low and the demand is high, the price goes _____.

• down

• up

When the supply is high and the demand is low, the price goes _____.

• down

• up

There is a large amount of oranges to sell but people do not need them. What will happen to the price of oranges?

• The price will go down.

• The price will go up.

There is a small amount of houses for sale but a lot of people who need to buy a house. What will happen to the price of the houses?

• They will go down.

• They will go up.

The price of a ____ depends on supply and demand.

• want

• resource

• need

• supply