22 UNIT #1 COMMUNITY AND ECONOMY 33 UNIT #2 Financial Literacy.
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Transcript of 22 UNIT #1 COMMUNITY AND ECONOMY 33 UNIT #2 Financial Literacy.
22
UNIT #1
COMMUNITY AND ECONOMY
33
UNIT #2
FinancialLiteracy
44
UNIT #3
Work-Readiness
55
UNIT #4
BusinessManagement
A person who uses resources to start
a business.
What is a
entrepreneur?
Things used in production thatoccur naturally
in the world, suchas water.
What are Natural
Resources?
An account used to hold money that
is not needed right away & gains
interest.
What is a SavingsAccount?
A business that provides money-related services.
What isa Financial Institution?
Cards that allow customers to
electronically and immediately withdraw
funds from their checking account.
What is a Debit Card?
The amount of money
deposited into an account,
minus any cash received.
What is Net Deposit?
A situation in which people can’t have everything they want because of
limited resources..
What is Scarcity?
A summary of a person’s work and
school experiences to help employers hire the best person for a
job.
What is aResume?
A form that is completed by people applying for a job.
What is aJob
Application?
The amount an employee has
earned before any taxes or other deductions are
subtracted.
What isGross Pay?
A way of persuading people to want
goods or services.
What isAdvertising?
Someone who buys and uses
goods and services.
What is a comsumer?
What does STEM stand
for?
ScienceTechnologyEngineeringMathematics
The ability to act in a
certain way.
What isa Right?
A system of production,
consumption, and distribution of goods,
services, and resources.
What is anEconomy?
Resources made by people, such
as factories.
What are Capital
Resources?
A model or sample of product to be
produced.
What is aPrototype?
An account that allows the owner to write checks against
deposited money.
What is aChecking Account?
A card that allows the holder to buy
goods and services, taking out a bank loan for
the purchases.
What is a credit card?
Written records of money put into a checking account.
What is aDepositTicket?
To write a signature on theback of a check.
What isEndorse?
The effort to increase the well-being of people through
charitable giving.
What is philanthropy?
The skills and abilities of workers used in production.
What is Human
Resource?
Institutions developed to increase the well-being of
others in certain areas, such as education, religion, health
and other good causes.
What is anonprofit
organization?
A tax on an employee’s pay.
What is a payroll
tax?
A fee received for the use of
money.
What is interest?
A booklet for recording the money that is put in
(deposited) or removed (withdrawn)
from the checking account.
What isa check register?
A duty.
What isResponsibility?
An amount of money borrowed by
someone that must be repaid, usually
with interest.
What is a loan?
Written orders to a bank to pay a certain amounty of money from a checking
account to another person or business.
What are checks?
The standards that help determine
what is good, right and proper.
What areEthics?