Page 54 - Key to Social Studies 3 (Workbook)

3 CIVICS

LESSON 12

1 Match.

1. Barter a. Accepted to pay for goods and services.
2. Money b. Helps to decide whether to save money or to invest it.
3. Saving. c. To keep some of your income for later.
4. Interest d. The exchange of goods and services with other goods

5. Budget plan and services.
e. The money a bank pays to encourage the saving of
money in that bank.

2 Fill in the blanks.

1. Before inventing money, people created a system for trading called
.
2. There are many forms of money, including , ,
and .

3. A helps you decide what goods and services to buy.
4. Some examples of tradable world currencies are ,
, , and .
5. Sometimes people may keep their money in .

6. People invented money to for goods and services.
7. is to not spend all your income but to keep some for later.

8. After coins, people used to make buying and selling easier.
9. is the money a bank pays people to encourage them to keep
their money in the bank.
10. We save money in the bank to get .

3 Choose the correct answer.

1. Before inventing , people created a system for trading called “barter.”

a. trade b. markets c. money
2. A plan helps you decide how much to spend and how much to save.

a. budget b. money c. trading
3. Sometimes people will invest their money in .
a. shopping b. traveling c. businesses

4. is paid by the bank to encourage people to save their money in the bank.
a. Interest b. A coin c. A check
5. A barter system is the exchange of goods and services with other .

a. money b. countries c. goods and services
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