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Economics Vocabulary

Total questions: 23

Worksheet time: 13mins

Name
Class
Date
1.

trade with another person instead of paying with money

a)

currency

b)

bartering

c)

demand

2.

the system for producing, selling and buying in a country

a)

bartering

b)

economy

c)

federal

3.

people living together in organized communities

a)

federal

b)

economy

c)

society

4.

the way decisions for a country are made

a)

society

b)

bartering

c)

government

5.

the kind of money a country uses

a)

society

b)

government

c)

currency

6.

money you borrow from a person or bank

a)

government

b)

loan

c)

import

7.

what you pay someone to do something for you

a)

loan

b)

fee

c)

government

8.

percentage

a)

part of 100

b)

import

c)

currency

9.

extra money paid to you for saving your money in a bank

a)

loan

b)

fee

c)

earned interest

10.

a piece of company that you own

a)

stock share

b)

fee

c)

import

11.

ending up with more money than you started with

a)

profit

b)

investment

c)

fee

12.

a plan for spending your money

a)

budget

b)

barter

c)

currency

13.

used to buy something and pay for it later 

a)

debit card

b)

credit card

c)

check

14.

a card that takes money from your account electronically

a)

debit card

b)

credit card

c)

check

15.

An amount of money owed to a person or bank

a)

debt

b)

economy

c)

global

16.

The system for producing, selling and buying in a country

a)

debt

b)

economy

c)

federal

17.

all over the world 

a)

global

b)

federal

c)

economy

18.

A bank account for you to keep money in 

a)

fee

b)

debit card

c)

savings account

19.

Part of the value of your house that you pay the government

a)

global

b)

propery tax

c)

savings account

20.

ending up with more money than you started with 

a)

fee

b)

profit

c)

debit card

21.

Extra money you pay when you borrow from a bank

a)

global

b)

loan interest

c)

credit card

22.

money you borrow from a person or bank 

a)

loan

b)

percentage

c)

global

23.

Part of your pay that you give the government 

a)

income tax

b)

debit card

c)

loan