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Bartring: Wants and Needs

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

People use to barter for things they needed before there was money.

a)

true

b)

false

2.

You should spend more money that you make!

a)

true

b)

false

3.

Do you spend or save for things you want now?

a)

spend

b)

save

4.

Do you spend or save for things you need or want later?

a)

spend

b)

save

5.

Money is what you use to buy goods and services?

a)

true

b)

false

6.

_______ is when you trade goods or sevices without using money.

a)

Producer

b)

Donating

c)

Bartering

7.

Wat do you call someone who buys goods and services?

a)

producer

b)

consumer

c)

bartering

8.

A ______ is someone who sells goods and services.

a)

producer

b)

donating

c)

bartering

9.

_______ is when you put money in a safe place for later.

a)

saving

b)

money

c)

donating

10.

When I pay for goods at the store, I use ______.

a)

saving

b)

money

c)

donating

11.

Something we give up to get something else is called ______.

a)

saving

b)

money

c)

opportunity cost