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Our Economy

United States Economy Section 1

QuestionAnswer
What is an economy? Where things are made, sold, traded, or used
How many sectors does our economy have? 4
What is a sector? Parts
What are the 4 sectors of our economy? Household, business, banks, government
Where do households buy things? From businesses
How can you be a part of the banking sector? Have a bank account
What does government provide? Goods & services for public use, like schools & sidewalks
What do bankers do with money? Invest it
What does it mean to invest money? Use money to make more money
What country has the biggest economy in the world? China
What is the second largest economy in the world? United States
What is the third largest economy in the world? India
Created by: user-2045275
 

 



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