U1W3 Vocab in context

In a story, a character decides to save money in a bank account. What is the term used to describe the money kept aside for future use?

• Loan

• Savings

• Wages

• Profit

Tags

DOK Level 2: Skill/Concept

If a farmer has a good harvest and sells his crops for more than it cost to grow them, what is the term for the extra money he makes?

• Risk

• Loan

• Profit

• Wages

Tags

DOK Level 2: Skill/Concept

Imagine you want to buy a new bicycle, but you don't have enough money. You decide to borrow money from a friend. What is this borrowed money called?

• Loan

• Savings

• Wages

• Profit

Tags

DOK Level 2: Skill/Concept

A company is considering expanding its business but is worried about the potential for losing money. What is the term for this potential loss?

• Prosper

• Risk

• Scarce

• Afford

Tags

DOK Level 2: Skill/Concept

A person is deciding whether to buy a new phone. They need to consider if they have enough money to make the purchase. What is the term for having enough money to buy something?

• Afford

• Loan

• Scarce

• Wages

Tags

DOK Level 3: Strategic Thinking

In a village, water is not easily available, and people have to travel far to get it. What is the term for something that is not plentiful and hard to find?

• Prosper

• Scarce

• Savings

• Profit

Tags

DOK Level 3: Strategic Thinking

A worker receives money every week for the work they do. What is this regular payment called?

• Wages

• Loan

• Profit

• Risk

Tags

DOK Level 3: Strategic Thinking

A small business owner has been making smart decisions and their business is growing. What is the term for succeeding and doing well financially?

• Prosper

• Afford

• Scarce

• Loan

Tags

DOK Level 3: Strategic Thinking