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1. Money Intro day

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following is NOT a form of money?

a)

Coins

b)

Shells

c)

Rocks

d)

Paper bills

2.

What is barter?

a)

Exchanging goods or services for money

b)

Exchanging goods or services for other goods or services

c)

Saving money in a bank

d)

Buying things online

3.

What is demand?

a)

How much money you want

b)

How many people want to buy a certain item

c)

How much something costs

d)

How many toys you have

4.

What are goods?

a)

Things you buy and consume

b)

Things you want to sell

c)

Things you find in a store

d)

Things you throw away

5.

What is supply?

a)

The amount of money you have

b)

The amount of goods or services available

c)

The amount of things you want to buy

d)

The amount of toys you own

6.

What does it mean to save money?

a)

To spend all your money

b)

To keep your money in a bank or safe place for later

c)

To give away your money

d)

To forget about your money

7.

What is the barter system?

a)

A system where people exchange goods or services directly without using money

b)

A system where people trade money for goods or services

c)

A system where people keep money under their mattress

d)

A system where people give away money for free

8.

What are services?

a)

Things you can touch and hold

b)

Things you eat

c)

Actions performed for you by others

d)

Things you keep in your pocket

9.

What is money?

a)

Something you eat

b)

Something you use to buy things

c)

Something you wear

d)

Something you throw away