Goods & Services
Trading
Work and the past
Wants & Needs
100

What are goods?

Things people buy, sell, and use (clothes, foods,books,etc.)

100
Money has the same value all over the world. True or False?

False

100

People work at _____ to earn money and do something that contributes to the community. 

Jobs

100

Things that we must have to survive. 

Needs 

200

What is a service?

A work a person does that helps others. 

200

What do people trade money for?

Good and services. 

200

Children do this at home to help the family and the community. 

Chores 


200

Things we do not need to live but would like to have. 

Wants

300

What goods and services can you find in school?

food, clothes, books, teaching, cooking,etc. 

300
Why do people trade?

To get things they need. 

300

Jobs have over time. People work in different ways than they did many years ago. 

True or False.

True 

300
It is important to make ____ _______  when spending your money, so you can have what you need and don't struggle. 

Good choices. 

400

The name of the place where something is made. 

Factory 

400

You can trade goods from different countries by ____ and _____. 

Ships and planes 

400

Children did not work in past times. They could only stay in school. 

True or False 

False.

400

A plan for how to use money. We make it to save money and spend it wisely. 

Budget. 

500

People who grow or make things to sell are called _____.

Producers

500

Name of a person who buys goods and services from a place. 

Costumer


500

Name of the people who work for free to help others.

Volunteers

500

Scarcity is when...

There is not enough of something.