Show:
Money!
Buy, Sell, or Trade
Define Me
True or False
Things You Should Know!
100
This president is on the 1 dollar bill
Who is George Washington?
100
Your little brother opens a lemonade stand, this makes him a..
What is a seller
100
Define Durable
What is something that is not easily broken or damaged.
100
True or false.. You give five dollars to the store clerk to buy flowers for your teacher, this is an example of trade.
What is True! You are trading money (currency) for goods.
100
What are features that help you identify something?
What are characteristics?
200
What are some characteristics of money?
What is- durable, small, portable, and 'divisible'.
200
Your teacher needs to purchase school supplies for your next project from Costco, she is a...
What is buyer.
200
Define Trade, as it pertains to the economy.
Possible answer: When one state or country swaps good or services with another state or country for their goods or services.
200
True or False.. A grocery store owner can be a buyer and a seller?
What is True. The store owner buys goods from a wholesaler and then sells them to consumers.
200
Name jobs that all provide services..
Possible answers: What are teachers, nurses, gardeners, and cab drivers.
300
FREE SPACE!
FREE SPACE!
300
Florida has an abundance of Oranges but not meat. Florida gives its oranges to other states for their meat. This is an example of..
What is Trade.
300
Define Demand
What is, the number of people that want or need something.
300
True or false... Buying goods from local stores helps your community's economy?
What is True! Buying goods from local stores puts money directly back into the community.
300
Why do many European countries have the same money as some Caribbean islands?
Several European countries settled in these islands.
400
This female historical figure may be on the next 20 dollar bill..
Who is Harriet Tubman?
400
A man and his son walk into a music store to buy a guitar. The music store clerk sells them a guitar. the Man and his son are...
What are buyers.
400
Define Scarcity..
What is a shortage of a good or service.
400
True or False... Scarcity describes the amount of something that is available.
What is False! Scarcity describes a low supply of good available.
400
What happens to the price of goods when there is a scarcity?
The price of the goods rises.
500
American money is made out of..
What is a cotton and linen fiber?
500
If a country doesn't have a certain product they need, they will _______________ with another country for it.
What is trade!
500
Define Currency..
What is a system of money used in the economic system (money).
500
True or False.. A country's money system is its economics.
What is False! A country's money system is its currency. Economics is the study of how people use and spend money, goods and services.
500
The study of how people use and spend money, goods, and services is...
What is Economics.