Show:
Definition
Want Vs Need
Supply Vs Demand
Savings Vs Investing
Taxes
100
An item that is necessary for survival.
What is the definition of a need.
100
a basic pair of tennis shoes
What is a need
100
A company just released a new video game. Everyone wants a copy. How should the retailer price the item?
What is high
100
Why is saving money considered a safe investment?
What is you will always get your money back. There is no risk.
100
True or False- We pay taxes on everything we buy.
What is true
200
The amount of an item you have.
What is the definition of supply.
200
Under armour hoodie
What is want
200
Justice brand clothing ordered too many hoodies. It is the end of the season. What should the company do to the price of the hoodie?
What is lower the price
200
Why is investing considered risky?
What is you may or may not get all of your money back.
200
When you have a job, what type of taxes do you pay?
What is income taxes
300
The amount of people who want the item.
What is the definition of demand.
300
a new bike for Christmas
What is a want
300
A new restaurant came into town but it received bad reviews online. Now the dining room is empty. What is the demand for the restaurant?
What is low
300
What do you earn when you put your money in the bank?
What is interest
300
Why do we pay taxes?
What is so our government has money to pay for other things.
400
Not having enough of an item.
What is the definition of scarce.
400
going to the pharmacy to get medicine because you are sick
What is a need
400
A new restaurant came into town but it received bad reviews online. Now the dining room is empty. How could you save the restaurant
What is show the customers how you have improved, mark your prices lower, or other possible answers
400
When you invest in a company you are buying ______.
What is stock
400
What would happen if we stopped paying taxes?
What is our government would not have the money to pay for things such as roads, school, parks, and police officers.