Financial Literacy 4.1.2 Review

What is something you spent money on over memorial day weekend?

Put the following economic classes in order from highest income to lowest income:

• The Working Class

• The Middle Class

• The Wealthy

According to social classes described in our most recent reading "Worker's Problems and Solutions," your family is most likely in the...

• Wealthy/The Upper Class

• The Middle Class

• The Working Class

In 1880, there were 50 million people in the United States, and nearly 80% lived in ​​ (a)   areas which had farms or small towns. By 1900, only 60% of the population lived in rural areas, as more people began to move to ​ (b)   areas, or cities.

• rural
• urban

Who is more likely to be considered self-sufficient:

• A rural farmer, working and living on a plot of land they own.

• An urban city-dweller, who works in a factory and lives in a tenement.

Place the job in its corresponding category.

Groups:

(a) Wealthy

,

(b) Middle Class

,

(c) Working Class

• Electrician

• Landlord

• Capitalist

• Laborer

• Accountant

• Teacher

• Retail Worker

• Delivery Driver

• Coal miner

• Construction

• Engineer

• Lawyer

• Business Owner

A union is a group of workers who...

• join together to try to get better wages and working conditions.

• are not allowed to discuss work-related issues.

• compete against each other for promotions.

• gather to socialize after work hours.

Match the following pictures with the correct workers problem.

• Dangerous working conditions

• 
• Low pay

• 
• Inadequate housing

•