Social Science revision

1 Correct these false sentences.

a) Interest is a small amount of money that you receive when you buy shares.
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b) A savings account has a debit or credit card, which makes it easier to save.
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c) When we use a credit card, the money leaves our bank account immediately.
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d) A money box is similar to a bank account because it pays interest.
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2 Give examples of high order and low order products.

3 Write sentences to describe how to make a budget.
First ___________________________________________________________
Then ___________________________________________________________
Next ___________________________________________________________
Finally __________________________________________________________

4. Write definitions of these types of companies.

a) Sole trader: ___________________________________________________
b) Corporation: ___________________________________________________