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.

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22

UNIT #1

COMMUNITY AND ECONOMY

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UNIT #2

FinancialLiteracy

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UNIT #3

Work-Readiness

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UNIT #4

BusinessManagement

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A person who uses resources to start

a business.

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What is a

entrepreneur?

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Things used in production thatoccur naturally

in the world, suchas water.

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What are Natural

Resources?

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An account used to hold money that

is not needed right away & gains

interest.

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What is a SavingsAccount?

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A business that provides money-related services.

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What isa Financial Institution?

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Cards that allow customers to

electronically and immediately withdraw

funds from their checking account.

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What is a Debit Card?

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The amount of money

deposited into an account,

minus any cash received.

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What is Net Deposit?

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A situation in which people can’t have everything they want because of

limited resources..

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What is Scarcity?

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A summary of a person’s work and

school experiences to help employers hire the best person for a

job.

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What is aResume?

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A form that is completed by people applying for a job.

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What is aJob

Application?

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The amount an employee has

earned before any taxes or other deductions are

subtracted.

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What isGross Pay?

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A way of persuading people to want

goods or services.

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What isAdvertising?

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Someone who buys and uses

goods and services.

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What is a comsumer?

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What does STEM stand

for?

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ScienceTechnologyEngineeringMathematics

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The ability to act in a

certain way.

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What isa Right?

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A system of production,

consumption, and distribution of goods,

services, and resources.

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What is anEconomy?

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Resources made by people, such

as factories.

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What are Capital

Resources?

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A model or sample of product to be

produced.

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What is aPrototype?

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An account that allows the owner to write checks against

deposited money.

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What is aChecking Account?

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A card that allows the holder to buy

goods and services, taking out a bank loan for

the purchases.

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What is a credit card?

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Written records of money put into a checking account.

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What is aDepositTicket?

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To write a signature on theback of a check.

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What isEndorse?

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The effort to increase the well-being of people through

charitable giving.

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What is philanthropy?

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The skills and abilities of workers used in production.

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What is Human

Resource?

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Institutions developed to increase the well-being of

others in certain areas, such as education, religion, health

and other good causes.

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What is anonprofit

organization?

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A tax on an employee’s pay.

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What is a payroll

tax?

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A fee received for the use of

money.

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What is interest?

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A booklet for recording the money that is put in

(deposited) or removed (withdrawn)

from the checking account.

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What isa check register?

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A duty.

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What isResponsibility?

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An amount of money borrowed by

someone that must be repaid, usually

with interest.

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What is a loan?

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Written orders to a bank to pay a certain amounty of money from a checking

account to another person or business.

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What are checks?

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The standards that help determine

what is good, right and proper.

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What areEthics?