Grade 7 Social Studies Chapter 3 Review
An event that starts a cause and effect chain in the first place Profit Needs Trigger
An event that starts a cause and effect chain in the first place Profit Needs Trigger
A person who gets an idea to start up a business and creates one. Wants Entrepreneur Down Payment
A person who gets an idea to start up a business and creates one. Wants Entrepreneur Down Payment
Money borrowed from the bank to pay for a home. Mortgage Poverty Capital
Money borrowed from the bank to pay for a home. Mortgage Poverty Capital
When the cost of basic needs is the same as the amount earned. Getting by Chance to get ahead Profit
When the cost of basic needs is the same as the amount earned. Getting by Chance to get ahead Profit
The money that goes into starting a business and maintaining it. Trigger Capital Profit
The money that goes into starting a business and maintaining it. Trigger Capital Profit
The money that business owners make after paying their expenses Wants Mortgage Profit
The money that business owners make after paying their expenses Wants Mortgage Profit
When the money a family brings in is more than their monthly expenses Profit Chance to get ahead Mortgage
When the money a family brings in is more than their monthly expenses Profit Chance to get ahead Mortgage
The things that an individual requires to survive. Capital Poverty Needs
The things that an individual requires to survive. Capital Poverty Needs
An organization that helps build homes for low income families. Amnesty International Unicef Habitat for Humanity
An organization that helps build homes for low income families. Amnesty International Unicef Habitat for Humanity
The portion of a home that a person first pays when they decide to buy a home. Mortgage Down Payment Lease
The portion of a home that a person first pays when they decide to buy a home. Mortgage Down Payment Lease
Goods and services are provided by the government Capitalism Socialism
Goods and services are provided by the government Capitalism Socialism
Competition is important for the creation of wealth Capitalism Socialism
Competition is important for the creation of wealth Capitalism Socialism
Things are done for what is best for the group Capitalism Socialism
Things are done for what is best for the group Capitalism Socialism
Individual freedom is highly valued Capitalism Socialism
Individual freedom is highly valued Capitalism Socialism
Cooperation is important for the creation of wealth Capitalism Socialism
Cooperation is important for the creation of wealth Capitalism Socialism