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Horizons SS Ch.10

Being a Thoughtful Consumer

QuestionAnswer
Money earned by working income
The money that people save. savings
A drawing that shows the steps it takes to do something. flow chart
An organization or group that participates in an economy. economic institution
A business that looks after people's money. bank
To put money into a bank account. deposit
The money a bank pays a person for keeping money in the bank. interest
Something you buy cheaply that you hope will grow in value. investment
A graph that uses a line to show changes over time. line graph
A plan for saving and spending money. budget
Giving up something you want in order to get something else. trade-off
What you give up in order to get what you want. opportunity cost
To give money or goods to those who need help. donate
A building or place that was important in history. historic site
Created by: donnawoolsey