Chapter 1 Lesson 4

What happens in healthy economy?

• Businesses make money and many people are employed.

• Businesses do not make any money and no one is employed.

• Businesses make money but not many people are employed.

• Businesses make no money and many people are employed.

Select all that are considered needs.

• toys

• shelter

• video games

• food

• bicycles

Select all that are considered wants.

• toys

• shelter

• video games

• food

• bicycles

What does scarcity mean?

• There is a lot of something

• There is a lot of money

• There is not a lot of something

• There is not a lot of money

An allowance is an example of an...

• want

• need

• donation

• income

America has imports and exports. What is an example of an import?

• Wheat

• beans

• coffee beans

• money

America has imports and exports. What is an example of an export?

• Wheat

• beans

• coffee beans

• money

The government uses _________ to purchase the goods and services it needs to run the country.

• tax revenue

• coffee

• doanting

• coins

What would the "D" on a quarter mean?

• It was made at the Dakota mint

• It was made at the Denver mint

• It was made at the Dollar mint

• It was made at the Donating mint

Select all that apply. Any career choice has risks, _________ and ______________.

• costs

• benefits

• donating

• money