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Economics- April 2022 Unique Vocabulary
Game Code: 974237
English
16
Public
Vocabulary related to basic aspects of Economics.
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A business where people can save their money or borrow money is called a _________.
bank
15
To ask to use something then give it back later is to ___________.
borrow
15
To pay money to get a good or service is to _________.
buy
15
Coins and bills used to pay for things are called _________.
cash
15
A piece of paper that uses money from a bank account to pay for things is called a _________.
check
15
A card that uses borrowed money to pay for things and must be paid back is a ________ ________.
credit card
15
A card that uses money from a bank account to pay for things is called a _______ ________.
debit card
15
How much people want or need to buy something is called __________.
demand
15
An item that is made or grown in order to be sold is called a _________.
good
15
Something you must have and cannot live without is called a _________.
need
15
The amount of money a good or service costs is its __________.
price
15
When goods or services cost less than the original amount, they are on __________.
sale
15
To keep money instead of spending it is to ________.
save
15
To give something to someone after being paid for it is to _________.
sell
15
Something a person or business does for someone else is called a _________.
service
15
Something you would like to have but do not need is a ________.
want
15
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