other people borrow their money. Explain why banks and financial institutions pay people interest when they deposit their money at those institutions. SS.4.FL.1.5 People can earn Earning Income Social 4 Financial income by Studies Literacy renting their property to other people. Identify different types of property (such as apartments, automobiles, or tools) that people own and on which rent is paid. SS.4.FL.1.6 Describe ways Earning Income Social 4 Financial that people who Studies Literacy own a business can earn a profit, which is a source of income. SS.4.FL.1.7 Entrepreneurs Read a Earning Income Social 4 Financial children’s are people who book about an Studies Literacy start new entrepreneur and businesses. identify the type Entrepreneurs do of business not know if their started, the new businesses possible risks of will be running the successful and business, and earn a profit. what the Identify ways in entrepreneur which starting a expected to earn. business is risky for entrepreneurs.
other people borrow their money. Explain why banks and financial institutions pay people interest when they deposit their money at those institutions. SS.4.FL.1.5 People can earn income by renting their property to other people. Identify different types of property (such as apartments, automobiles, or tools) that people own and on which rent is paid. Earning Income Social Studies 4 Financial Literacy SS.4.FL.1.6 Describe ways that people who own a business can earn a profit, which is a source of income. Earning Income Social Studies 4 Financial Literacy SS.4.FL.1.7 Entrepreneurs are people who start new businesses. Entrepreneurs do not know if their new businesses will be successful and earn a profit. Identify ways in which starting a business is risky for entrepreneurs. Read a children’s book about an entrepreneur and identify the type of business started, the possible risks of running the business, and what the entrepreneur expected to earn. Earning Income Social Studies 4 Financial Literacy
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