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Week 24 - Money and Markets

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.
People can earn money by _________. 
a)
selling things
b)
working
c)
both A and B
2.
Adults can use a ________ to buy something now and pay for it later. 
a)
library card
b)
wallet
c)
credit card
3.
When you borrow money, you have to pay a fee.  This is called _________.
a)
interest
b)
credit
c)
taxes
4.
The ________ can be very big or very small.  It allows people to exchange goods and services. 
a)
market
b)
library
c)
bank
5.
An _________ is what some kids get from their parents for doing chores. 
a)
interst
b)
allowance
c)
loan
6.
Banks can _______ you money if you need to buy a car or a home. 
a)
loan 
b)
spend
c)
lose
7.
Look at the photo of the lady in the grocery store.  Hypothesize or make a good guess about how she might pay for the goods in this store. 
a)
She will get an allowance.
b)
She will pay with a credit card. 
c)
She will trade her purse for some eggs.
8.
How much of a resource there is for a person to buy is called _____________.
a)
demand
b)
supply
c)
market
9.
The ___________ is the type of money used in countries like Germany, France and Italy.
a)
dollar
b)
peso
c)
euro
10.
The amount of people who want or need a resource is called. 
a)
supply
b)
loan
c)
demand