S2/MAG 2 CC MT Review | Baamboozle - Baamboozle | The Most Fun Classroom Games!

English 12 Public

MT Review

Study Slideshow

What is a cost?

the price of something

15

What is an example of a benefit of choosing to buy a board game?

It can be played with many people.

20

How do producers earn money?

Producers sell goods they make.

15

Why is earning an income important?

It helps people get things they need.

15

What is an example of of bartering?

a person trading a pie for some egs

15

What is demand?

how many people want something

15

What is a service worker?

a librarian, doctor, government leader

15

Service workers need special skills to do their jobs. True or False

True

15

What is is an example of a capital resource?

farm equipment

15

How are loans and credit cards similar?

Both allow you to spend money you do not have.

15

What do producers use supply and demand for?

to decide the price of the product

25

What are ways to save money?

savings plan, piggy bank, opening a bank account

15