Social Studies Grade 2

27.3

Weekly Assessment Questions: 1. Fill in the blank: A budget is a plan for saving and spending money. Distractors: Donating; An income; Work 2. Matching: Match each word to its definition. save: to keep money spend: to buy goods or services

earn: to work for money donate: to give to others 3. True or false: Time can be donated. 4. Where is a good place to save money? a. in a car b. in a bank c. in the kitchen d. in the backyard 5. Fill in the blank: People earn income by working . Distractors: budgeting; donating; spending 6. Labeling: Complete the graphic organizer. labels: income (A) ; goods (B)

7. Matching: Match each example to the term. working at a job: earn buying new shoes: spend putting money in a bank: save buying school supplies for others: donate 8. Open response: What is something you or a family member earned the money to purchase? (Answers may vary.)

Economic Choices | Week 27

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