Penny
A penny is worth......?
One Cent
A nickel is worth....?
Five cents
A dime is worth.....?
Ten cents
A quarter is worth......?
Twenty five cents
How many quarters do I need to equal one dollar?
Four
How many penny's do I need to equal one dollar?
100
What is a budget?
A plan for your money
If I have two dimes, one nickel, and three pennies, how much do I have?
Twenty eight cents
If I have one quarter, two dimes, and one nickel, how much money do I have?
Fifty cents
What is your favorite winter activity?
Answers will vary
What are you going to do over February break?
Answers will vary
Is water a want or a need?
NEED
Is food a want or a need?
NEED
Give an example of a want.....
Candy, toys, electronics
What are the 3 S's of budgeting?
Save, Spend, Share
What are two examples of capital resources?
tools, trucks, buildings
Name two natural resources.
sun, wood, water, or animals
What does supply mean?
Supply is total amount of a good or service available.
When using this card, you are borrowing money, you are not using your money you already have.
Credit card
What is it called when you trade things without using money?
Bartering
What does Economics mean?
Economics is how goods and services are made and sold.
What is a consumer?
A consumer is someone who buys goods or services.
This is someone who grows, makes, or supplies goods.
A producer
What is someone called who starts their own business?
Entrepreneur
When using this card, you are using your own cash and you are not borrowing from anyone.
Debit card