Social Studies Grade 8 Final Exam worksheet - Free Printable

Solution and Explanation

#### Part II: Identification
The task is to choose the correct answer from the provided box and write it in the space before each number. The options are:
- Interest
- Bond
- Affect
- Strict
- Bill and coin
- Loan

##### Questions and Answers:
1. A share that somebody has bought in a company or business.
- Answer: Bond
- Explanation: A bond is a type of investment where an investor lends money to a company or government, and in return, they receive periodic interest payments and the return of the principal amount at maturity.

2. The extra money that you receive from your deposit in a bank.
- Answer: Interest
- Explanation: Interest is the additional money earned on a deposit in a bank. It is calculated as a percentage of the principal amount over a specific period.

3. Banknote and money made of metal.
- Answer: Bill and coin
- Explanation: Banknotes (bills) and coins are physical forms of currency used for transactions.

4. That must be obeyed exactly.
- Answer: Strict
- Explanation: "Strict" refers to something that must be followed precisely without deviation.

5. The act of lending something; the state of being lent.
- Answer: Loan
- Explanation: A loan is the act of lending money or assets to someone with the expectation of repayment, often with interest.

6. To have an influence to somebody/something.
- Answer: Affect
- Explanation: "Affect" means to have an impact or influence on someone or something.

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#### Part III: Short Answer
The task is to write the correct answer in the space provided.

##### Questions and Answers:
1. Are rules made to help people live together in peace?
- Answer: Yes
- Explanation: Rules are established to maintain order, fairness, and harmony in society. They help regulate behavior and ensure that people can coexist peacefully.

2. People exchange one thing for another.
- Answer: Trade
- Explanation: Trading involves exchanging goods, services, or resources between individuals or groups. This concept is fundamental to economic systems and social interactions.

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Final Answer Summary:

#### Part II: Identification
1. Bond
2. Interest
3. Bill and coin
4. Strict
5. Loan
6. Affect

#### Part III: Short Answer
1. Yes
2. Trade

Boxed Final Answer:
\[
\boxed{
\text{Part II: 1. Bond, 2. Interest, 3. Bill and coin, 4. Strict, 5. Loan, 6. Affect} \\
\text{Part III: 1. Yes, 2. Trade}
}
\]