1. PERSONAL FINANCE

2. VOCABULARY (Use a computer or dictionary to define)
Entrepreneur
Profit
Sales Tax
Income Tax
Property tax
Credit
Invest
Interest
Incentive

3. I. Entrepreneurship

4. I. Entrepreneurship
Entrepreneur – person who takes a risk to develop new goods and services by starting a business.
The incentive to take such risks is the opportunity for profit.

5. I. Entrepreneurship Examples of Georgia-based businesses include:
Coca-Cola
Delta Airlines
Georgia-Pacific
Home Depot

6. I. Entrepreneurship
These businesses provide jobs for thousands of Georgians and a tax base for Georgia’s government to provide services for citizens.

7. II. Three Levels of Taxes and Services

8. III. Three Levels of Taxes
Federal Tax Collection
Federal Service Distribution

9. III. Three Levels of Taxes
State Tax Collection
State Service Distribution

10. III. Three Levels of Taxes
Local Taxes Collection
Local Service Distribution

11. III. Financial Choices

12. III. Financial Choices
Interest – money received in exchange for the right to borrow money.
This can be positive or negative.
Credit – borrowing money to pay off an item. This requires that you pay interest.
Invest – letting somebody else (bank, company) borrow money. They pay you interest(dividends).