Supply and Demand Spending Wisely Import and Export
100
What is supply?
The amount of goods that are made or available.
100
What is spending?
It means, "to pay for something."
100
What is export?
Supplies that a country is selling to another country.
200
What are goods?
The items that are sold.
200
What is saving?
It means "to put money aside for later."
200
What is import?
Supplies that a country gets from another country.
300
What is demand?
The amount of goods purchased or wanted.
300
What is comparing prices?
When you look around to find the best price on something.
300
What is to trade?
To willingly give things or services and get other things or services in return.
400
What are services?
A hair salon, a lawn mowing company, a doctor are all forms of this.
400
What is a sale?
When goods are advertised at a lower price. Black Friday.
500
What is the law of supply and demand?
The law of _____ and _______ helps set prices for goods and services
500
What is a budget?
When you plan on how much money you will spend on certain items and not go over that amount.






Module 4-Getting What You Need

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