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1. Katie wants to buy her favorite band’s album before she attends the concert in three weeks. The album costs $35. Mrs. Kelley told Katie she would pay her $4.65 every time she walked her dog Charlie. Katie’s parents said they would pay her $5.25 a week for doing chores. Currently Katie has $6.46 in her savings.

a. Create a budget for Katie that shows how many times she will need to walk Mrs. Kelley’s dog and complete chores for her parents in order to afford the album before the concert in three weeks? Don’t forget about the money in her savings. Be sure to show your work!

Use the two photos below for the next two questions

2. What types of transportation are shown in each photo? How did these types of transportation impact Cincinnati?

3. Name 2 ways communication has changed since the 1900s?

4. For each definition, select the correct term

Definition Term
 

Actions that have the ability to satisfy people’s wants and needs

 

Things that have the ability to satisfy people’s wants and needs

When people and businesses use resources to make goods and services to sell

When many people want something

 

An amount of something that is available for use

 

When there is a lack of sufficient resources to produce all of the goods and services people desire

 

Every choice involves a cost, which means giving up the chance to get something else

 

Someone who buys goods

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