Economic Choices 3rd grade

Why do people earn money?

• to work

• to go places

• to only buy things they need

• to buy what they need and want

Where do many people put the money they save?

• in a bank

• in their closets

• in their pockets

• in their beds

What kinds of accounts can people have at banks?

• taxes and investments

• checking and investing

• budgeting and savings

• checking and saving

What term means the extra money you pay in order to borrow money?

• debt

• interest

• investment

• loan

Donations can help communities do what?

• save money

• spend money

• budget money

• solve problems

Read the passage:

Money, resources, and time can be given to others. By donating these things, you can help others solve community problems.

Which word helps the reader understand the meaning of the word “donating”?

• resources

• given

• things

• problems