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Finance 4 and 5

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  • Tell one example of NEEDS
    -
  • How people earned money?
    Working
  • What happens if you decide to spend all of your resources?
    -
  • Money grows on trees
    False
  • Is one place in where you can save your money
    Piggy bank
  • Tell one example of WANTS
    -
  • What should be satisfied first? Needs or wants
    Needs
  • When you keep your money in a piggy bank you are _______ money
    Saving
  • Tell one example of SMART decision
    -
  • Everyone has the same amount of money
    False
  • Money is a limited resource
    True
  • When you buy things things, you are _______ money
    Spending
  • Tell one SMART decision
    -
  • Not everyone is able to satisfy their wants
    True
  • When you have resources, what can you do with them?
    Save or spend them
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