CTE 6th grade MidTerm

Front

What is debt?

Back

Debt is money borrowed that must be repaid, often with interest.

Front

When is it okay to ask Google a question?

Back

It is never okay to ask Google a question.

Front

Why is a browser important?

Back

A browser is important because it lets you search the internet.

Front

What does it mean if someone's income is higher?

Back

It means they earn more money from their job.

Front

What is a savings account?

Back

A savings account is a bank account where you can deposit money and earn interest.

Front

What is income?

Back

Income is the money received for work or investments.

Front

What are expenses?

Back

Expenses are the costs incurred in the process of earning income.

Front

What is the purpose of budgeting?

Back

Budgeting helps manage income and expenses effectively.

Front

What is interest?

Back

Interest is the cost of borrowing money, usually expressed as a percentage.

Front

What is the difference between needs and wants?

Back

Needs are essential for survival, while wants are things you desire but can live without.

Tags

NGSS.HS-ETS1-1

NGSS.HS-ETS1-3