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Answer Key
Grade 8 Social Studies: Financial Literacy — Investing, Risk & Consumer Skills
1.
using money to buy an asset or fund hoping it grows over time
2.
the chance of losing value or not gaining as expected
3.
potential gain or benefit from an investment or choice
4.
spreading money across different investments to reduce reliance on one
5.
saving prioritizes safety/access; investing seeks growth with more risk
6.
laws and practices that help shield buyers from fraud and unfair practices
7.
Answers vary: scams, hidden fees, pressure sales, identity theft
8.
higher potential reward often comes with higher chance of loss
9.
use money hoping it grows over time
10.
chance of loss or weaker results
11.
potential gain/benefit
12.
spreading investments to reduce single-point reliance
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