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Separate class into 4 groups – Kagan Activity " Team Statement“

Money Game. Separate class into 4 groups – Kagan Activity " Team Statement“ Step 1. T eacher reads question Step 2. Think time (20 seconds) and Team Discussion (20 seconds) Step 3. Share Best Answer: (A new person should be chosen as the speaker for each question)

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Separate class into 4 groups – Kagan Activity " Team Statement“

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  1. Money Game Separate class into 4 groups – Kagan Activity "Team Statement“ Step 1. Teacher reads question Step 2. Think time (20 seconds) and Team Discussion (20 seconds) Step 3. Share Best Answer: (A new person should be chosen as the speaker for each question) *If the team gets the answer wrong, the question will be asked again and the remaining 3 teams will have the chance to answer it correctly.

  2. Money Game Question #1 Where is a good place to save money?

  3. Money Game Great Job! Where is a good place to save money? ANSWER: A bank

  4. Money Game Question #2 How do people earn money?

  5. Money Game Great Job! How do people earn money? ANSWER: By working to sell a good or a service

  6. Money Game Question #3 What is the special word for things that people make or grow?

  7. Money Game Good Job! What is the special word for things that people make or grow? ANSWER: Goods

  8. Money Game Question #4 What is the special word for jobs that help other people?

  9. Money Game Good Job! What is the special word for jobs that help other people? ANSWER: Services

  10. Money Game Question #5 What is the word for the money people earn for doing a job?

  11. Money Game Good Job! What is the word for the money people earn for doing a job? ANSWER: Income

  12. Money Game Question #6 Why do people have to make choices about what to buy?

  13. Money Game Good Job! Why do people have to make choices about what to buy? ANSWER: They have to decide between wants and needs

  14. Money Game Question #7 What should people chose to spend their money on first?

  15. Money Game Question #7 What should people chose to spend their money on first? ANSWER: Their needs

  16. Money Game Question #8 What do we call a person who sells goods or services?

  17. Money Game Good Job! What do we call a person who sells goods or services? ANSWER: Producer

  18. Money Game Question #9 What do we call a person who buys goods or services?

  19. Money Game Good Job! What do we call a person who buys goods or services? ANSWER: Consumer

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