Economic Choices Week 25

Income is money that someone earns by_____.

• playing

• sleeping

• working

• eating

Tags

CCSS.RI.1.3

CCSS.RI.2.3

CCSS.RI.2.5

CCSS.RI.3.3

CCSS.RI.3.5

Why is it important for people to earn an income?

• To pay for things they need and want.

• To learn how to read.

• ATo drive on the highway.

What is a term for keeping income?

• budgeting

• earning

• saving

• spending

Saving is keeping money.

• True

• False

Spending means to buy goods or services.

• True

• False

Earning money means to give it away.

• True

• False

Sasha wants a game that costs $25. She earned $10 doing chores. What should she do?

• Buy a different game.

• Ask her friends for money.

• Give up and not buy anything.

• Earn more money.

Earning money can be doing work to start a business.

• True

• False

Spending money is putting money in a bank.

• True

• False

Saving money is putting money in the bank.

• True

• False