The document discusses responsible earning, spending, saving, and borrowing. Students with different types of currency are asked to define each term. While the definitions vary, the terms are all economic activities. When done responsibly, economic activities can benefit individuals and families.

1. A-1.01-Economic Activities
ResponsibleResponsible
Earning, Spending,Earning, Spending,
Saving, and BorrowingSaving, and Borrowing

2. A-1.01-Economic Activities
ResponsibleResponsible
Earning?Earning?
WhatWhat
IsIs

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??

4. A-1.01-Economic Activities
The QuarterThe Quarter
What is your definition
of responsible earning?

5. A-1.01-Economic Activities
The DimeThe Dime
What is your
definition of
responsible earning?

6. A-1.01-Economic Activities
The NickelThe Nickel
What is your definition
of responsible earning?

7. A-1.01-Economic Activities
The PennyThe Penny
What is your definition
of responsible earning?

8. A-1.01-Economic Activities
ResponsibleResponsible
Spending?Spending?
WhatWhat
IsIs

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??

10. A-1.01-Economic Activities
The DollarThe Dollar
What is your definition
of responsible
spending?

11. A-1.01-Economic Activities
The $35+ in CashThe $35+ in Cash
What is your definition
of responsible
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?

13. A-1.01-Economic Activities
The Piggy BankThe Piggy Bank
What is your definition
of responsible saving?

14. A-1.01-Economic Activities
The Commercial BankThe Commercial Bank
What is your definition
of 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??

16. A-1.01-Economic Activities
The “Priceless” CardThe “Priceless” Card
What is your definition
of responsible borrowing?

17. A-1.01-Economic Activities
I O UI O U
What is your
definition of
responsible
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.