how do people make money?. discussion: what are some ways that you have earned or made money?
Post on 23-Dec-2015
213 views
Embed Size (px)
TRANSCRIPT
- Slide 1
- How Do People Make Money?
- Slide 2
- Discussion: What are some ways that you have earned or made money?
- Slide 3
- Types of Income Wage: Money that is given to someone in exchange for their work. Paycheck Do any of our examples fit into this category? If not, lets brainstorm!
- Slide 4
- Types of Income Cont. Rent: Money paid to a landlord by the tenant for use of their property. Landlord: Person who owns the property that is being rented. Tenant: Person who is renting the property (Renter). Do any of our examples fit into this category? If not, lets brainstorm!
- Slide 5
- Types of Income Cont. Interest: Money earned because your money was borrowed or used. Savings Account Do any of our examples fit into this category? If not, lets brainstorm!
- Slide 6
- Types of Income Cont. Profit: Income a person or company receives for their goods and services after the expenditures of a company have been subtracted. Cash for product Expenses to make and sell the product = Profit Do any of our examples fit into this category? If not, lets brainstorm!