Vocab Practice weeks 3/4

Match the following

• Risk

• A chance of loss or harm

• Prosper

• To have enough money to pay for

• Profit

• Money borrowed

• Afford

• To be successful; to do very well

• Loan

• the amount of money left after all the costs of running a business have been paid

Most people can take out a loan for....

• A car

• McDonalds

• A pencil from Miss Alt's desk

• a chair

A savings account is for money that is being ​ (a)   or set aside.

• saved
• spent

Match the following

• Scarce

• Payment for work done

• Wages

• the amount of money left after all the costs of running a business have been paid

• Savings

• A chance of loss or harm

• Profit

• Difficult to find or get

• Risk

• Money that is set aside; saved

You will make a profit when you spend more money than you earn.

• True

• False

A loan from a bank must be eventually be paid back

• True

• False

A risk playing a sport is that you might get injured

• True

• False

A person who earned wages did work without being paid.

• True

• False

You can afford a new pencil if you have enough money to pay for it.

• True

• False

A business with a lot of customers will most likely prosper.

• True

• False