22 UNIT #1 COMMUNITY AND ECONOMY
33 UNIT #2 Financial Literacy
44 UNIT #3 Work-Readiness
55 UNIT #4 Business Management
A person who uses resources to start a business.
What is a entrepreneur ?
Things used in production that occur naturally in the world, such as water.
What are Natural Resources?
An account used to hold money that is not needed right away & gains interest.
What is a Savings Account?
A business that provides money- related services.
What is a 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 a Resume?
A form that is completed by people applying for a job.
What is a Job Application?
The amount an employee has earned before any taxes or other deductions are subtracted.
What is Gross Pay?
A way of persuading people to want goods or services.
What is Advertising?
Someone who buys and uses goods and services.
What is a comsumer?
What does STEM stand for?
Science Technology Engineering Mathematics
The ability to act in a certain way.
What is a Right?
A system of production, consumption, and distribution of goods, services, and resources.
What is an Economy?
Resources made by people, such as factories.
What are Capital Resources?
A model or sample of product to be produced.
What is a Prototype?
An account that allows the owner to write checks against deposited money.
What is a Checking 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 a Deposit Ticket?
To write a signature on the back of a check.
What is Endorse?
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 a nonprofit 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 is a check register?
A duty.
What is Responsibility?
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 are Ethics?