The Global Economy
It's how our global economy is connected. We read about this with coffee beans.
Globalization
These stocks are open to anyone for trading, in a sense "public" stocks.
Common stock
The Congress manages this every year to determine our means of spending. It begins with the "fiscal year" and is supported by taxes.
*THIS QUESTION IS A DAILY DOUBLE*
Fiscal Policy
Complete freedom to operate, limited liability protection (sometimes none), all costs fall on owner
Sole Proprietorship
Wealth that is possessd by an individual or a firm within an economy and comes in many forms such as money, property, or commodities.
Capital
Measures a country's total production in the global economy and isused to indicate it's overall performance.
*THIS QUESTION IS A DAILY DOUBLE*
Gross Domestic Product/GDP
Stocks that are secured by a board of directors but not made publicly available - In N Out would be an example
Preferred Stocks
The Federal Reserve manages this and does so via printing money and interest rates.
Monetary Policy
Liability protections, organized (department) structure, advertising/branding, and more costs to operate describes this structure
Corporation
The process of setting money aside with the intent of it to produce a future outcome or financial goal.
Investment
These vary from country to country and are considered "floating" due to changes in the global economy. We use the dollar here in the United States.
Currencies
These are publicly traded on the New York Stock Exchange (NYSE) and park of Stock Market Game.
Stocks
The metric is used to measure inflation. It's only three letters and continues to grow over time.
Consumer Price Index (CPI)
Tax breaks, visionary leadership, serving the public interest, and receving donations or contributions describes this structure
*THIS QUESTION IS A DAILY DOUBLE*
Non-profits/Charities
The percentage of growth an investment produces over time it builds depending on how often it reinvests into itself.
Dividend
The proportion (%) of change in value between one currency and another.
Exchange Rate(s)
Pools of money on the stock market managed by a group or individual. Your parents or grandparents might have one for you.
*THIS QUESTION IS A DAILY DOUBLE*
Mutual Funds/Trusts
One of two types of monetary policy that seeks to minimize the influence of government on the overall economy.
Contractionary policy
Shared costs & responsibilities, liabilities distributed between members, but sometimes may not always agree describes what type of business
Partnership
Money set aside for a "rainy day" or future uses such as retirements is called this.
Savings
Used to determine a country's opportunity cost in global trade it terms of what they prioritize with production. Nino and Tony at the pizzeria or France and the US were examples we used.
Absolute/Comparative Advantage
The government uses these to pay for projects such as schools, highways, or other community needs.
Bonds
An economic system in which firms (businesses) and individuals (consumers) exchange goods and services through buying and selling andthus possess wealth.
Capitalism
Liability protections, vareity of leadership (smaller corporation), and challenges with legal protections describe this business
Limited Liability Corporation (LLC)
There are four factors of production name them all.
*THIS QUESTION IS A DAILY DOUBLE*
Land, Labor, Capital, and Entreprenuership