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