20

Lesson 20 of 84 ยท Economics

Giving and Donating

A budget is a plan for how to use money. Families make budgets to make sure they have enough for food, home, and other needs.

Key Facts

1

Saving means keeping money for later.

2

Producers make things; consumers buy them.

3

Every choice means giving up something else.

Check Your Understanding

Question 1

1 of 2

Who is a consumer?

Giving and Donating โ€” Economics | 1st Grade Social Studies | LittleActivity | LittleActivity