WorksheetsPersonal Finance Review
Total questions: 10
Worksheet time: 50secs
Which of these is a good that people make?
A.
bicycle
B. teaching
C. firefighting
Which of the following is a service people provide?
A. teacher
B. fire truck
C. washing cars
What does the phrase “You cannot always buy what you want” describe?
A.
Wants
B. Scarcity
C. Needs
What is a consumer?
A. A person who sells things
B. A person who buys things
C. A person who makes things
What is a producer?
A. A person who makes things
B. A person who sells things
C. A person who buys things
What is a positive effect of saving money?
A. You can buy something now
B. You can enjoy a new toy
C. You can buy something bigger later
Why would a person spend money instead of saving?
A. She needs to save her money.
B. She wants a new toy now.
C. She wants to wait to buy something.
Pam’s mom is a doctor who helps people. Which sentence describes Pam’s mom as a doctor?
A. Her mom is a consumer.
B. Her mom provides a service
C. Her mom is saving money.
Joy’s mom puts most of her money in the bank. Which BEST describes Joy’s mom?
A. Saver
B. Consumer
C. Spender
What is an income?
A. Money a person makes at a job.
B. Money a person saves at a bank.
C. Money a person spends on goods.
