Financial Literacy 3

What is income?

• The work that a person does.

• The money you earn by doing a job.

• The bills that you have to pay.

• The things that someone learns to do well.

What is labor?

• The work that a person does.

• The money you earn by doing a job.

• The bills that you have to pay.

• The things that someone learns to do well.

What is skills?

• The work that a person does.

• The money you earn by doing a job.

• The bills that you have to pay.

• The things that someone learns to do well.

Tags

CCSS.RF.2.3C

CCSS.RF.2.3D

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

What are expenses?

• The work that a person does.

• The money you earn by doing a job.

• The bills that you have to pay.

• The things that someone learns to do well.

Which of the following is a true statement?

• The more labor someone does the more income they will make.

• The less labor someone does the more income they will make.

• The more skills that someone has the less income they will make.

• The more expenses someone has the more income they will make.

Dr. Lewis works at the hospital. Which of the following helps determine how much money Dr. Lewis makes?

• The type of car that he drives.

• The size of his family.

• The skills that he has.

• The numbers of doctor friends that he has.

Tags

CCSS.RI.2.1

CCSS.RI.3.2

CCSS.RI.4.2

CCSS.RL.3.1

CCSS.RL.3.2