3. A-1.01-Economic Activities
Will theWill the
studentsstudents
who havewho have
the coinsthe coins
please standplease stand
up?up?
What isWhat is responsible earningresponsible earning??
9. A-1.01-Economic Activities
Will theWill the
studentsstudents
who havewho have
the cashthe cash
please standplease stand
up?up?
What isWhat is responsible spendingresponsible spending??
12. A-1.01-Economic Activities
Will theWill the
students whostudents who
have the bankshave the banks
please standplease stand
up?up?
What Is Responsible Saving?What Is Responsible Saving?
15. A-1.01-Economic Activities
Will the studentsWill the students
who have thewho have the
credit cards andcredit cards and
the IOU pleasethe IOU please
stand up?stand up?
What IsWhat Is Responsible BorrowingResponsible Borrowing??
18. A-1.01-Economic Activities
The definitions shared point outThe definitions shared point out
ways in which these terms areways in which these terms are
different . . .different . . .
. . . but, what do. . . but, what do
earning, spending,earning, spending,
saving,saving, andand borrowingborrowing
all have in common?all have in common?
19. A-1.01-Economic Activities
Pair up with another studentPair up with another student
to talk about this.to talk about this.
Hint: What does the wordHint: What does the word
responsibleresponsible mean to you?mean to you?
What do earning, spending, saving,What do earning, spending, saving,
and borrowing have in common?and borrowing have in common?
20. A-1.01-Economic Activities
Earning, spending, saving, andEarning, spending, saving, and
borrowing are all economic activities.borrowing are all economic activities.
When done responsibly,When done responsibly,
they lead to many benefitsthey lead to many benefits
for individualsfor individuals
and families.and families.