Money & Savings

Why do people save money?

• A) They like to spend paper bills and coins.

• B) They want to buy something later when they have enough money.

• C) They want to sell things before they buy anything.

Things that people make or use to satisfy wants are called what?

• A) goods

• B) buyers

• C) choices

• D) sellers

When people cannot have all the goods and services they want they must make a choice.

• TRUE

• FALSE

People are consumers when they what?

• A) make goods and services

• B) buy or use goods and services

• C) save their money to spend later

• D) know all their choices

Which picture shows a consumer?

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Which picture shows a producer?

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When people have a choice to make, what can help them decide?

• A) A decision-making model

• B) The ideas from a consumer

• C) The ideas from a producer

• D) Charts of goods and services

All decisions are easy to make.

• TRUE

• FALSE

Which are examples of money?

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When you keep your money for the future you are trying to do what?