| Savings- Needs/Wants | Opportunity Cost | Smart |
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What is savings
The money one has saved.
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What is an opportunity cost
The loss of potential gain from other alternatives when one alternative is chosen
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What is needs
Something that is a necessity.
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What are consequences
the effect, result, or outcome of something occuring eariler
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What is wants
Something that you wish to have.
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What is a want
A cookie is an example of what?
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What is a need
Water, Food, and Shelter are examples of what?
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