Understanding Earned Income
A Grade 3 social studies worksheet on earned income, covering ways people earn money and the value of work.
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Understanding Earned Income
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Read each question carefully and answer to the best of your ability. This worksheet will help you understand how people earn money.
1. When people work to get money, it is called .
2. A person who works at a job is called an .
3. The money you get for doing a job is called your .
4. Doctors, teachers, and firefighters all earn an for their work.
1. Which of these is an example of earned income?
Finding money on the street
Getting money as a gift
Getting paid for mowing a lawn
Winning money in a game
2. Why do people work to earn income?
To have fun all day
To buy things they need and want
To sleep more
To never leave their house
1. Only adults can earn income.
True
False
2. Doing chores at home usually earns you income.
True
False
1. Name two different jobs where people earn income.
2. Why is earned income important for families?
Use the words below to complete the sentences.
1. When you do a , you usually get paid.
2. People to get money.
3. The money you get from working is called .
4. We use to buy things we need and want.