Spending and Saving (People Work)

Key Vocabulary spend to give money to someone else to get goods or service. pay by cash or credit card. save not to spend money and keep it for later. cost the amount of money that you have to pay to get or do something How much does it cost? price tag. It costs too much. item one thing that is part of a list or set. menu item. grocery ...

February 21, 2025 · datewu

Goods and Services (People Work)

Key Vocabulary goods things that people buy or use. service work that people do for others. price the amount of money that you have to give to buy something. How much does it cost? price tag. sell to give something for money. in exchange. buy to get something by giving money for it. trade to give someone one thing and get another thing from them. pay to give money for something. ...

February 21, 2025 · datewu

Needs and Wants (People Work)

Key Vocabulary needs things that you must have to live. wants things that you don’t need but wish to have. scarcity not enough of something. scarce. money something that people use as a means of exchange. bill paper money. note. large/small bill. coin money that is made of metal. change. quarter a coin that is worth 25 cents. penny a coin that is worth 1 cent. smallest currency. nickel -> 5 cents. dime -> 10 cents. ...

February 21, 2025 · datewu