vocabulary
What are services?
Things people do/perform. i.e. cooking, fixing cars, teaching
If I am saving up to buy a shirt that costs $10, and my allowance is $5 a week, how many weeks will it take for me to buy it?
Two weeks
How much is a penny worth?
one cent
If I have $2 and I want a $5 dollar shirt, how much more do I need?
$3 dollars
What did people do before there was money?
They would trade or make their own items.
What is a product?
An item that you can buy. i.e. chips, perfume, clothes
If I am saving up to buy shoes that costs $50, and my allowance is $10 a week, how many weeks will it take for me to buy it?
Five weeks
How much is a nickel worth?
five cents
If I have $26 dollars and I want a $50 purse, how much more do I need?
$24 dollars
How are coins made?
The patterns are stamped onto blank pieces of metal.
The person that is buying the product. (customer)
If I am saving up to buy a phone that costs $1,000, and my allowance is $25 a week, how many weeks will it take for me to buy it?
How much is a dime worth?
ten cents
If I have $10 dollars and I want to buy a video game that is $85 dollars, how much more do I need?
$75 dollars
What is counterfeit money?
Money that is not made by the government (fake money) (very illegal).
If I am saving up to buy a car that costs $25,000, and I can save $250 a week, how many weeks will it take for me to buy it?
One-hundred weeks
How much is a quarter worth?
twenty five cents
If I have $850 dollars and I want a phone that costs $950 dollars, how much more do I need?
$100 dollars
Spend, save, and donate.
What is the Mint?
The place where coins are made.
If I am saving up to buy a house that costs $155,000, and I can save $500 a week, how many weeks will it take for me to buy it?
310 weeks
How many pennies are in one dollar?
one hundred pennies
If I want a $5,000 gold necklace, and I only have 3,500 dollars, how much more do I need?
$1,500 dollars
True or False? There is a $2 bill.
True