TOTD 7 SS Review

Which job is paid for with taxes?

• Target workers

• The Military- army, navy, air force and marines

  
  

• Farmers

• Waiters

What does allocate mean?

• gives out or distributes

• Takes away

Goods and services are allocated by price. True or false

• True

• false

The government allocates goods and services. True or False

• True

• False

International trade means goods are bought and sold all over the world. True or False

• True

• False

Why is international trade important?

• • The lowest prices will always be charged.

• • The government gets more money

• • It allows people to have goods that they can’t get in their community.

• The highest prices will always be charged

Police, public schools, libraries, and parks are paid with:

• Money from other countries

• Taxes

• Money from banks

Producers:

• Have fun playing

• Buy goods

• Make goods that can be sold

Consumers:

• Have fun playing

• Buy goods

• Make goods that can be sold

Jessie walked into a Home Depot. She buys a hammer from the store.

Who is the consumer?

• Jessie

• Home Depot

• The salesman