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Odd one out: banana - dress - noodles - watch
watch (want)
When you earn extra money in a savings account, it is called an _________.
interest
Alex takes lemons from Lemon Farm and sells them in Chatuchak market. Who is Alex?
distributor
The money a person earn monthly is called ______.
salary
Odd one out: pilot - ice cream vendor - fireman - teacher
ice cream vendor (goods)
Goods and services that make our life easier and enjoyable.
wants
Who consists the elements of economic system?
producer, distributor, consumer
It is a place where your money can grow, and you can keep it safe.
bank
What do you need to think first, before buying a product?
money
What are the four basic needs?
food, clothes, shelter, medicine
What is budgeting?
a plan on how to use (spend&save) money wisely
Who is a consumer?
A person who buys goods and uses services.
Who is a producer?
A person who makes goods and offers services.
The money a person gets from working is called _________.
income
People need to this to protect them from bad weather or danger.
shelter
A substance used in treating diseases
medicine
