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VS4 Vocabulary

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  • Another word for farming.
    agriculture
  • Baker Sue received goods and supplies at the beginning of spring. She will pay for them later. This is an example of ___.
    credit
  • ___ is an example of a cash crop.
    Tobacco
  • Buying a good or service now and paying for it later.
    credit
  • A vet takes care of a sick puppy. The family give him fresh vegetables from their garden. This is an example ____.
    bartering
  • Money put away to save or to spend at a later time.
    saving
  • A medium of exchange (currency, which includes coins and paper bills)
    money
  • Trading beads for bowls is an example of ___.
    barter
  • Trading/exchanging of goods and services without the use of money.
    barter
  • My credit card bill for this month is $2,000 dollars. I cannot afford that and only put down $1,000 dollars. I am now in ____.
    debt
  • The beliefs and customs of a particular group.
    culture
  • Trading beads for bowls is an example of ___.
    barter
  • Tom puts his spare change in his piggy bank every day after school. This is an example of ____.
    saving.
  • A crop that is grown to sell for money rather than for use by the growers.
    cash crop