Four ways to spend money - Milton Fridman - The Money Issue

Video Activity – 2.40 minutes

Watch the interview with Milton Friedman, a well-known economist, Nobel Prize, and complete the notes below.

a) When you spend money on yourself you try to....

b) When you spend money on other people you don't worry much about .....

c) You can also spend other people's money...

d)People are not careful when they spend.....

e) To make the most of money you have to spend .....

f) According to Milton Friedman people can't make the most ....

Answers here!