Social P3 Term 2 revision | Baamboozle - Baamboozle

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15

These are activities that people do for others.

services

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Check

Okay!

Check

eraser

Reset score!

Oops!

star

Double points!

Okay!

rocket

Go to first place!

Okay!

banana

Go to last place!

Oops!

eraser

Reset score!

Oops!

fairy

Take points!

5

10

15

20

25

gift

Win 10 points!

Okay!

banana

Go to last place!

Oops!

20

An example of indirect tax that is included in the price of goods and services.

VAT (Value Added Tax)

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15

Which of the following is not a type of money that we use today? stones - cryptocurrencies - banknote - coins

stones

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It includes everything people pay to satisfy their needs and wants in daily life.

expenditure

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20

What is income?

The money that you get, earn or receives from any sources.

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15

What do you the things you would like to have but not necessary for survival?

wants

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It is a plan you make to help spend or save money wisely.

budgeting

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20

What are goods?

Physical things that we can see, touch and use.

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25

It is a commodity accepted by general consent as a medium of economic exchange.

Money

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25

Common types of this are life, health, auto, homeowner's, rental, dental, vision and trip.

insurance

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Odd one out: peace - time - groceries - happiness

groceries

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20

Why is saving important?

provides money for emergencies or achieve future goals

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baam

Lose 20 points!

Oops!

rocket

Go to first place!

Okay!

gift

Win 5 points!

Okay!

banana

Go to last place!

Oops!

15

Odd one out: assets - protect - company shares - stocks

protect

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Check

Okay!

Check

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