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Financial Literacy Vocabulary Brice Holmes. Business The buying and selling of goods in order to make a profit.

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Presentation on theme: "Financial Literacy Vocabulary Brice Holmes. Business The buying and selling of goods in order to make a profit."— Presentation transcript:

1 Financial Literacy Vocabulary Brice Holmes

2 Business The buying and selling of goods in order to make a profit.

3 Capital Money or property owned or used in business.

4 Economy The production, distribution, and consumption of goods and services; the movement of money.

5 Entrepreneur Person who organizes and runs a business, assuming the risk for the sake of potential return.

6 Employee Person hired to provide services to a company in exchange for compensation.

7 Profit The gain from an investment or business after subtracting from all expenses.

8 Resource Supply or source from which benefit is produced.

9 Free Enterprise System Economic system where few restrictions are placed on a business activity and ownership.


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