3rd Grade Financial Literacy

What is the work that a person does? 

• Lend
• Purchase
• Labor
• Income

What is the money called that is paid by a borrower to a lender for the use of the lender's money?

• Income
• Credit 
• Interest
• Purchase

Tags

CCSS.7.RP.A.3

What is a thing that is produced and used? 

• Resource
• Purchase
• Labor
• Salary

What is it called when you give someone money in exchange for something? 

• Savings plan
• Salary 
• Spend
• Purchase

What is the amount of money you earn by being self-employed or by doing a job for another person or business? 

• Salary
• Resources 
• Interest 
• Credit 

What is money earned? 

• Income
• Interest 
• Credit 
• Savings plan 

What is it called when another person gives you money that you will need to pay back? 

• Interest
• Savings Plan
• Borrow 
• Lend

What is it called when you give someone else money that needs to be paid back? 

• Lend
• Borrow
• Spend 
• Purchase 

What is paying for something with money that you borrow and must pay back, usually with interest? 

• Income
• Credit
• Interest 
• Lend 

What helps you save money regularly so you can reach your goals? 

• Human Capital 
• Credit 
• Savings Plan 
• Salary