2nd Grade Economy and Budgets

What is a physical item that is exchanged in an

economy?

• goods

• savings

• expenses

What are things you must spend money on? Example: power bill, groceries, rent

• goods

• savings

• expenses

The money that you set aside to spend later is called ________.

You might put it in your piggy bank or in a special account at the bank

• goods

• savings

• expenses

An action that is performed for someone in an economy is called a ________.

• income

• budget

• service

Money that is earned is called ________.

• income

• budget

• service

What is a plan to help you spend and save money called?

• income

• budget

• service

What is the name of this coin?

• penny

• nickel

• dime

• quarter

What is the name of this coin?

• penny

• nickel

• dime

• quarter

What is the name of this coin?

• penny

• nickel

• dime

• quarter

What is the name of this coin?

• penny

• nickel

• dime

• quarter