Economics - 7th Grade

A card in which you borrow money that you agree to pay back later.

Money that is paid to the government on products, property, and the money you earn is called

When there is a lack of resources to sell, such as a shortage on toilet paper during Covid, this is referred to as a(n)

Creating an organized plan as to where the money you earn on a regular basis will be allocated is called

The total money you earn BEFORE taxes and insurance are taken out.

The total amount of products made and services provided in a country within a year is called

If prices are increasing that is referred to as

An economic principle basing prices on the amount of products available and how much those products are wanted by people.

When you borrow money, you not only have to pay the money back, but you often have to pay an additional fee called

Minimum Wage in Missouri as of 2025?