1. Economics By:

2. Directions: Read the sentences on the following slides with your group. Decide what you think the word at the top of the slide means based on what you read. Come up with a definition for each word and type it in the box provided. Insert a picture from the slide that shows what the word means and drag it in with your definition.

3. Income Mary got $5 from her parents for cleaning her room. Billy earned $10 for mowing Mr. Brown’s yard. Emily received $3 for sewing buttons on a shirt for her dad. Type your group’s definition for income here. Click on the picture above that shows what the word means and drag it in this box.

4. Goods We buy cereal at the store. Farmers grow fruits and vegetables and sell them to people. I bought a brush at the beauty salon. Type your group’s definition for goods here. Click on the picture above that shows what the word means and drag it in this box.

5. Services There is a teenager that mows our lawn every Sunday. The mailman delivers our mail everyday. The barber cuts my dad’s hair. Type your group’s definition for services here. Click on the picture above that shows what the word means and drag it in this box.

6. Tax My parents have to pay money at the end of the year since they work. The gum said $0.98, but I had to pay $1.07. The sales lady asked for 15 cents more than the price tag had on it. Type your group’s definition for tax here. Click on the picture above that shows what the word means and drag it in this box.

7. Savings I put some of the money I get for my birthday in my piggy bank. My mom and dad put some of their money in the bank for emergencies. Type your group’s definition for savings here. Click on the picture above that shows what the word means and drag it in this box.