What is the first step towards becoming wealthy according to the video?

Understanding Money and Economy

Interactive Video
•
Business, Life Skills
•
5th - 8th Grade
•
Hard

Ethan Morris
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Starting a business
Buying real estate
Investing in stocks
Saving money
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was used as money in ancient Rome?
Salt
Copper
Gold
Silver
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'salary' originate from?
Salt
Silver
Gold
Copper
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens if too much money is printed without backing?
Recession
Deflation
Stagnation
Inflation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of a budget?
To avoid taxes
To save money
To plan expenses
To invest wisely
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are taxes used for according to the video?
Funding wars
Supporting the stock market
Paying government salaries
Building bridges and schools
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should you always include in your budget?
A portion for entertainment
A portion for savings
A portion for luxury items
A portion for travel
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