Spending and Saving
Many Different Jobs
Producers and Consumers
Meeting our needs and wants
100

the money you put in a bank

deposit

100

 a promise to pay for something

credit

100

do not use money for goods and services

barter

100

things that you must have to live

needs

200

the money a person earns but does not spend

savings

200

send products and resources from one country to another

export

200

use money to buy goods and services

trade

200

things you would like to have but do not need

wants

300

a business that keeps, exchanges, and lends money to people

bank

300

to bring products in from one country to another

import
300

a person who spends money to buy things they need or want

consumer

300

not enough of something

scarcity

400

money a bank gives you for letting it hold your money

interest

400

goods and services that people want and can buy

demand

400

person who makes a product or provides a service

producer

400

a lot of something

abundance

500

a plan that shows your income, expenses, and savings

budget

500

the amount of goods and services that people can sell

supply

500

work that one person does for another

service

500

things that people make or grow and then sell

goods