Kangaroos
What are things like food,water,clothing,and shelter that you can’t survive without?
Needs
What do you do to trade something without using money.
Bartering
A person who buys a good or a service.
Consumer
Making one kind of good,or providing one kind of service.
Specialization
————— makes trading easier.
Money
What are things we like to have,but aren’t necessary to survive?
Wants
Anything you buy that you can hold or touch.
Goods
A person who makes a good or provides a service.
Producer
To take money out of the bank.
Withdrawal
The price of an item depends on the —————— and the ——————.
1.supply
2.demand
A person who buys a good or a service.
Consumer
Depending on others to produce things you need.
Interdependence
What do Canada’s dollar bills and Mexican dollar bills have in common?
They both have Polymer Plastic
What color are Canada’s dollar bills.
Each is a different color.
——————————— is used to try to increase the demand for an item.
Advertising
When you buy something,you give up the chance to buy something else.The thing that you give up is called the ————————————
Opportunity Cost
True or False:Mexico only has 1 color of metal.
False!
Do all Caribbean coins have Queen Elizabeth on the front?
Yes!
How many sides does a $1 Canadian coin have?
11 or Eleven
People ———— money for emergencies.
Save
People trade because of ————————.
Scarcity
What will happen to the price of Christmas trees on December 26? Why?
They will go down because it is not Christmas anymore and people won’t buy them.
What are Caribbean values?
1,2,5,10,25 cents,$1
Do all Caribbean coins have the same weight?
No
Consumers have to make ——————— about what to buy because they don’t have enough money to buy everything they want.
Choices