Game Preview

1st Grade Social Studies Ch. 8 All About Money

  •  English    11     Public
    All About Money
  •   Study   Slideshow
  • Why do people save money?
    They want to buy something later when they have enough money
    They like to spend paper bills and coins.
    They want to sell things before they buy anything.
    They can write a check to pay for something.
  •  15
  • Things that people make or use to satisfy wants are called—
    goods
    sellers
    choice
    buyers
  •  15
  • What happens when people cannot have all the goods and services they want?
    They make a choice
    They take somebody else’s goods.
    They find a free service.
    They sell their goods.
  •  15
  • People are consumers when they—
    know all their choices
    make goods and services
    buy or use goods and services
    save their money to spend later
  •  15
  • Which picture shows a consumer?
    2
    4
    1
    3
  •  15
  • This picture shows a---
    producer
    consumer
  •  15
  • When people have a choice to make, what can help them decide?
    The ideas from a consumer
    The ideas from a producer
    Charts of goods and services
    A decision-making model
  •  15
  • Which statement is true?
    All decisions are easy to make.
    Decisions only have costs.
    Decisions only have benefits.
    All decisions have costs and benefits
  •  15
  • Which two are examples of money?
    Cash, and coins
    groceries, and apples
  •  15
  • What is a cost?
    What you get when you make a choice
    What you give up when you make a choice
  •  15
  • What is a benefit?
    What you give up when you make a choice
    What you get when you make a choice
  •  15