Miss Smith 7th Grade Civics *pgs. 517-521 Saving and Investing Miss Smith 7th Grade Civics *pgs. 517-521
Savings Accounts Money in _______ accounts earn ________ Money can be _________ when needed Usually must keep a _______ balance and limit ___________
Certificates of Deposit (CDs) The longer the money is ________, the more _________ you’ll earn
Buying Bonds Bonds are _____________ of debt issued by ___________ and corporations Earn _______ When the bond matures/_______, the bond holder gets their _____ back
Buying Stocks _________ houses buy and sell stocks for _________ The employees are called _____ _____ exchange- where ______ are bought and ____ Mutual funds- large number of ______ owned in _______ by many people Mutual market funds- ______ funds that buy _______- _____ bonds
Saving Helps the Economy Banks use _______ to fund the _____ they provide This allows businesses to ______ in new _______ to help their company _____ and produce more goods and services
Protecting Savings and Investments All _________ institutions must receive a _____ or federal _______ to operate