Deck 1

Question 1

money

Answer 1

anything acceptable that can be used to exchange for goods and services

Question 2

goods

Answer 2

real items that can be seen and touched

Question 3

spend

Answer 3

using your money for payments or purchases

Question 4

save

Answer 4

setting aside your money for future use

Question 5

savings

Answer 5

money set aside for future use

Question 6

charities

Answer 6

organizations that provide help for those in need

Question 7

services

Answer 7

work that is provided by another person

Question 8

investing

Answer 8

putting money somewhere it can grow

Question 9

finance

Answer 9

the way money is made, managed, and used

Question 10

specialize

Answer 10

choosing one thing to be really good at

Question 11

productivity

Answer 11

being able to make goods or provide services

Question 12

bartering

Answer 12

the exchange of goods and services without the use of money

Question 13

instrument of exchange

Answer 13

anything that can be used to make a trade
for example: money, gold and silver

Question 14

transaction

Answer 14

buying or selling of goods and services

Question 15

note

Answer 15

a piece of paper that promises to pay the holder
for example: cash bill

Question 16

guarantee

Answer 16

a promise that a condition will be fulfilled

Question 17

government

Answer 17

the group of people who leads a nation or a community

Question 18

stability

Answer 18

being strong and less likely to change or fail

Question 19

income

Answer 19

money received from someone else

Question 20

salary

Answer 20

the payment to the worker for the service done