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?