What is a job?
b) Something people do to earn money
What is income?
b) The money people earn
What is barter?
b) When people trade goods or services without using money
What are goods?
b) Things that people want or need
What are services?
b) Actions that people do to help others
What are needs?
b) Things people must have to live
Who are producers?
a) People who make things or provide services
Who are consumers?
b) People who buy things or use services
What does it mean to spend?
a) To give money to someone
What does it mean to save?
c) To keep money for later use
