Buyers & Sellers
Vocabulary
All About Money!
Money in North America
Supply & Demand
100

Aaron was looking for the SuperQuest video game. Was he a buyer or a seller?

What is a buyer?

100

This is the study of how people use money, goods, and services.

What is Economics?

100

Money is very strong and lasts a long time. It is ________.

What is durable?

100

A country's system of money is called this.

What is currency?

100

SuperQuest Two just came out, and everyone at school is talking about wanting it. This game is now has high _______.

What is demand?

200

Was the video game store Aaron wanted to buy SuperQuest from a seller or a buyer?

What is a seller?
200
This is the number of people who want or need something.

What is demand?

200

Money is small and easy to carry in your pocket. This makes it ________.

What is portable?

200

Mexican currency is not called "dollars." They are called _________.

What are pesos?

200

The chocolate bar factory made too many chocolate bars last month. This will now happen to the price of chocolate bars in the grocery store.

What is decrease?

300

This is a person who gives money or trades items for things he or she wants or needs.

What is a buyer?

300

This is the amount of something that is available.

What is supply?

300

Money can be divided into smaller amounts. This makes it _________.

What is divisible?

300

Currency has lots of these. These are pictures that represent something else.

What are symbols?

300

The Dr. Pepper factory made too many cans of Dr. Pepper. They have a high _________.

What is supply?

400

This is a person who takes money or other items in exchange for things he or she wants or needs.

What is a seller?

400

When this happens, there is not enough of something. You may trade something in order to get what you don't have.

What is scarcity?

400

Money is ______. You know how much its worth and what country it is from just by looking at it!

What is recognizable?

400

True or False: The Caribbean does not have one single type of currency.

What is true?
400

SuperQuest 2 is about to come out. We can infer that the price for the new SuperQuest 2 will be _______ than SuperQuest 1. 

What is higher?

500
Is it possible to be both a buyer and a seller? Give an example.
Yes. For a lemonade stand, you need to buy the lemons and sugar, but you then sell the lemonade you make.
500

This means to trade or give up one item for another item.

What is exchange?

500

Money has many _______ that make it easy to use. These are features that help us identify something.

What is a characteristic?

500

This is one major difference between paper bills in the United States and countries like Canada and Mexico.

What are different colors?

500

As it gets closer to St. Patrick's Day, the demand for green shirts will do this.

What is increase?