35
Lesson 35 of 84 · Economics
What Is a Budget?
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 2Who is a consumer?