What is a Deposit?
A deposit is to put money in a bank.
What is the name of the US currency?
What is dollars and cents?
What is a consumer?
A person who buys a good or service.
True or false, goods and services are thing that people buy.
The answer is... True!
Fill in the blank, people get___ by earning a income by trading the and effort for money.
The word is... Money!
What happens when a supply goes down?
The price goes up.
What is advertising?
Advertising is used to try to increase the demand for a item.
What is the name of the Mexican currency?
What is pesos and centavos?
What is a producer?
A person who makes a good or provides a service.
What happens if the demand goes down?
The price goes down.
What is the Canadian currency?
What is dollars and cents?
Fill in the blank, People trade because of ____.
The word is... Scarcity!
True of false, Needs are the same as wants.
The answer is... False!
How do people get money?
People get money by earning a income by trading their time and effort for money.
What happens when the demand goes up?
The price goes up.
Fill in the blank! People and countries are _____.
Interdependent
What word is the same as the definition, “to take money out of a bank.”
What does Withdrawal mean?
What does the Mexican coins look like?
Peso coins have two colors of metal.
Fill in the blank, Each country has its own form of____.
The word is currency!
What do the US dollar bills look like?
Mostly green, but some color added recently, All same size. Paper.
Why do consumers have to make choices?
Because they don’t have enough money to buy everything they want.
List some examples of goods that you might use at school
Pencils,Scissors,Rulers,Protractor,Stapler,etc.
Explain how the United States and Costa Rica are interdependent.
They get goods from another country.
What evidence does the author use to show that U.S.currency is very durable?
“A coin can last 30 years”
How does money make trading easier?
It’s smaller and more portable.