Studies Weekly Week 13

Money can be anything that people agree to trade for.

• True

• False

In America, we usually barter, or trade for the things we need and want.

• True

• False

To manage our money wisely, we should take care of our needs before we think about our wants.

• True

• False

What is the practice of trading one thing for another thing called?

• shopping

• lending

• bartering

• giving

Which of the following is not a reason why someone may take advantage of the free enterprise system and start their own business?

• to make money

• to give money to the government

• to be in control of one's future

• use their creativity

How many people want to buy a good or service is called

• barter

• money

• supply

• demand

How much of a certain good or servive is available for sale is called

• cash

• supply

• segregation

• demand

In which state is the city of Hershey?

• New Jersey

• Delaware

• Pennsylvania

• Ohio

Which of the following businesses did Milton Hershey build so that his workers could live happy lives in a beautiful city? 

• an employment agency for people without jobs

• a soup kitchen and homeless shelter

• a milk factory and several organic farms

• parks, stores, banks, and a zoo

Mr Steward may be younger but Mrs Plunket is in better shape.

• True

• False