Happy EconEdMonth! Celebrate economics all month long by visiting EconEdMonth.org

Grade 6-8
,
Activity

Net Worth Key Terms

Time: 10 mins,
Updated: September 15 2021,
Author: Council for Economic Education
Teacher Version
Objective Standards Summary Procedure
Print

Objective

Students will be able to:

  • Recognize the key terms associated with calculating a person’s net worth.

Standards

National Standards in Economics

National Standards in Financial Literacy

State Standards

Concepts

Income, Money

In this math activity, students will review their understanding of net worth key terms.

Procedure

This is an individual activity where students will review their knowledge of the key terms related to net worth.To complete this activity, students need to follow the directions below:

  1. Match the terms in the word bank with the definitions in the Quizizz activity, with the Net Worth Key Terms Matching Game Worksheet, or complete the ReadyAssessments Activity.
  2. Then, check the answer key.
Subjects:

Related Resources

Grades 9-12

Examining the Gini Coefficient

In this economics activity, students use Gini Coefficient data to compare income between countries.
Key Concepts: Income, Income Distribution
30 mins
Activity

Grades 6-8, 9-12

What Was a Dollar Worth?

In this personal finance activity, students will examine changes in the value of money over time.
Key Concepts: Financial Investments, Inflation, Money
20 mins
Activity

Content Partner

Grades 9-12

Intro to TurboTax

In this personal finance activity, students will use TurboTax to learn and actively file taxes.
Key Concepts: Income, Taxes
45 mins
Activity