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WorksheetsShow me the Money!!!
Total questions: 36
Worksheet time: 18mins
A producer...
Delivers or sells goods and services
makes goods, resources, provides services etc
buys goods and services
A consumer...
makes goods and services
buys goods and services
delivers and sells goods and services
Goods are...
something you can touch and feel.
produced in a factory.
something which cannot be counted.
something which can be counted.
Services...
cannot be touched.
cannot be counted.
can be "experienced".
cannot be produced in a factory.
A washing machine is a ...
Service.
Consumer.
Household.
Good.
An internet provider provides a...
production line.
service.
good.
consumer.
A household is...
A building you live in.
Where production happens.
A group of consumers who buy goods and services.
A service.
What is a budget?
A breakdown of what you spend to save for a goal.
An estimate of income and spending for a period of time.
The process of creating a plan to spend your money.
All of the above.
What is Kiwisaver?
A plan to save New Zealands Kiwifruit industry from pests.
What the government give you when you retire.
A discount ticket on Kiwirail.
A scheme where you save for your retirement.
A pension (or superannuation) is...
What you get if you retire at 40.
Money from the government that every New Zealander gets when they retire at age 67.
Money from the government that every New Zealander gets when they retire at age 65.
An ID card that gets you free bus rides.
What benefits does Kiwisaver give you?
The government and employers also pay into it.
It gains interest and grows.
You can take the money out to pay a deposit on your home.
All of the above.
The NZ retirement age is...
60
67
70
65
A loan is ...
When someone gives you money, you don't pay it back.
When you borrow money and have to pay it back.
A type of Eastern European bread.
An introduced fish that is a pest.
An allowance is ...
When you win money at the Casino.
When you borrow money and have to pay it back.
When you are given money and don't have to pay it back.
When you win money on Instant Kiwi.
Name two things you could get from the government as a tertiary student.
A free education.
A goldfish.
A student allowance.
A student loan.
What is a producer?
A person, company or country which makes stuff to sell.
A good.
Same as a Household.
Someone who pays for movies to be made.
What is a "profit"?
The money you lose if you don't make a budget.
Someone who says they have spoken with God.
A French company which makes sandals.
The money made after you subtract all of your costs.
Kaitiakitanga is...
Protecting a resource for future generations to use.
A treasure, or something precious to you or others.
The concept of guardianship.
Searching for food.
A person who sets up a business or businesses, taking on financial risks in the hope of profit is...
an Inventor.
a Tycoon.
an Entrepreneur.
an Innovator.
The process of translating an idea or invention into a good or service that creates value or for which customers will pay is...
a good.
an innovation.
a production process.
a service.
What is capital?
Wellington
Human physical and mental effort used to create goods or services.
Money, machinery, buildings, roads, equipment, land etc used to produce (make) something.
A music production company.
What is labour?
A political party in New Zealand.
Money, machinery, equipment etc used to create goods and services.
Human physical and mental effort used in the creation of goods and services.
Hard work.
Capital intensive is when ...
more labour is used than capital to create something.
The capital city has a very high population.
more capital is used than labour to create something.
Only goods are made.
Labour intensive is...
When more labour than capital is used to create something.
When more capital is used than labour to produce something.
A production process is ...
The work you have to do to make a school play or musical.
The steps required to make a service.
The steps used to create something, such as a car.
Apple picking is an example of ...
Kaikitakitanga.
A labour intensive activity.
A capital intensive activity.
An easy job.
Building a car is an example of...
A capital intensive activity.
A labour intensive activity.
A lot of work.
Lots of robots.
When an activity is capital intensive ...
You need more skilled workers.
You need less low skilled workers.
There are less jobs available.
It is located in Wellington.
The sharemarket is...
A carboot sale at Bush Inn on Saturday mornings.
A new style of bike rental shop.
Where everyone trades stocks in companies for money.
Where everything loses value.
It is important to diversify your stocks in the sharemarket because...
To maximise the money you could make.
Putting everything into one stock means you could lose all of your money.
To reduce the risk of losing all of your money.
Government can be at which levels?
Regional
International
Local
National
The Christchurch City Council is an example of ...
Local government.
Regional government.
National government.
Ecan (Environment Canterbury) is an example of...
National government.
Local government.
Regional government.
The New Zealand Government is an example of...
Local government
National government
Where does a government get its money from?
Selling stuff on Trademe.
Taxes.
The stockmarket.
Capital.
Interdependence is...
When two things rely on each other to survive (make money, create things etc).
When someone does not need anyone else to help them with anything.
