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Miss Smith 7th Grade Civics *pgs. 517-521
Saving and Investing Miss Smith 7th Grade Civics *pgs
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Savings Accounts Money in _______ accounts earn ________
Money can be _________ when needed Usually must keep a _______ balance and limit ___________
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Certificates of Deposit (CDs)
The longer the money is ________, the more _________ you’ll earn
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Buying Bonds Bonds are _____________ of debt issued by ___________ and corporations Earn _______ When the bond matures/_______, the bond holder gets their _____ back
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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
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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
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Protecting Savings and Investments
All _________ institutions must receive a _____ or federal _______ to operate
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