economics: section 8.1

1. wealth and prosperity

2. financial security

fill in the blank 

reasons for saving: 

1. Savings leads to ______ and _________ for a family/nation 

2. More savings leads to more _______ ________

the grasshopper and the ant

fable written by Jean de la Fontaine

jean de la fontaine

fill in the blank

the grasshopper and the ant is a fable written by _____ ___ ___ _______

1. grasshopper

2. ant

fill in the blank

in the fable the grasshopper and the ant,

1. The __________ didn’t work or save during the summer 

2. In the winter, she was not prepared but the hard-working ____ was ready

investments 

commitment of current resources in expectation of future profit

leonardo da vinci

fill in the blank

an example of an investment is “The Ant and the Grain” by _________ ___ ______ (planting a grain or seed now will lead to crops in the future)

Genesis 47

what book and chapter in the Bible did Egypt go through a time of plenty?

joseph 

fill in the blank 

______ saved during the plenty to prepare for the upcoming famine

1. private sector

2. research and development

fill in the blank

modern day examples:

1. Most savings in America come from the ______ ______ 

2. Businesses invest in _________ ____ ___________