Branches of Gov.
NC Gov.
Economic Terms
Profit Calculations
100

This branch of government makes the laws

legislative

100

In North Carolina, the legislative branch is called the

General Assembly

100

Something you have to have in order to survive

need

100

Sarah makes cupcakes and sells them. Last month, she purchased groceries she needed to fill 10 orders. Her grocery bill was $50. She sold 10 orders and made $150. What was her profit last month?

$100

200

This branch of government interprets the laws

judicial

200

There are this many members of the House of Representatives in North Carolina

120

200

the study of how money is made and used

economics

200

Frank lives near a golf course that hosts a big tournament each year. This year, he decided to sell water and soda to visitors who come to watch the tournament. He purchases $100 of drinks and $20 of ice for his coolers. At the end of the tournament weekend, he has made $320. What is his profit?

$200

300

This branch of government carries out the laws

Executive

300

Members of the General Assembly are elected every ? years...

2

300

the money someone makes from different sources

income

300

Mrs. D makes jewelry to sell at a craft fair. Last week she spent $75 on materials, and at the fair she made $250. What is her profit?

$175

400

Each branch of government has its own responsibilities and cannot take over for any other branch. This is referred to as...

separation of powers

400

The current governor of North Carolina is

Roy Cooper

400

money that is borrowed and must be paid back

loan

400

Lauren bought 8 Funko Pop figurines for $10 each. She has decided to sell them on eBay for $20 each. What is her TOTAL profit? 

$80

500

The North Carolina government has three separate branches. This idea is based on what other government?

federal / United States

500

Judges in North Carolina (are or are not) elected

are

500

a choice someone makes about spending their money

financial decision

500

The Baker made and sold 150 cupcakes for a wedding. He sold them for $4 each. It cost him $100 in materials to fill the order. How much profit did he make?

$500

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