Vocab
Supply And Demand
Facts about money
Resources
Vocab
100
When you give money to the bank is called?
What is Deposit
100
How does demand affect the cost of a product?
The demand effects if by making the price go down. It makes the price go down by once the event is over like after summer, the price for sunscreen.
100
What characteristics are necessary for something to be used as money?
What is portable, durable, divisible, and reconizable
100
5 Natural Resources
What is Trees Water Soil Plants Grass
100
Is anything that is needed to produce good and services
What is resource
200
Trading a good or service for another
What is barter
200
How has US currency changed over time?
The faces of the presidents have been made bigger and the numbers have been made bigger too.
200
5 Capital Resources
What is Hammer Ladder Desk Car Wheel
200
means being depended on other countries or people to produce the thing you don't produce yourself
What is interdependence
300
Is a countries' system of money
What is currency
300
What name is given to the US currency?
What is Dollars $
300
The second best choice what you give up
What is opportunity cost
400
Is making one kind of good or providing one kind of service
What is specialization
400
What are US dollars made of?
What is Cotton and Paper
400
A person who buys a good or serivce
What is consumer
500
you don't have enough of the thing you want
What is scarcity
500
How is Canadian currency divided?
What is 100 cents
500
5 Human Resources
What is Docter Firefighter Police Lawer President
500
Needed to surive / live
What is Needs
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