Investing
Money placed in a savings account earns this over time.
What is interest?
This is the term for the amount of money people earn for their work.
What is income?
This type of ticket allows you to fly to multiple destinations.
What is a round-the-world ticket?
This is the money you set aside regularly for future needs.
What are savings?
This is the currency used in the United States?
What is the US Dollar?
Buying part ownership in a company is called this.
What are shares/stocks?
When businesses compete to attract customers, this is happening.
What is competition?
Staying in a budget-friendly shared room with other travelers is called this.
What is a hostel?
Buying a cheaper brand instead of a more expensive one is an example of this
What is a financial trade-off?
A buisness owned by two or more people who share profits and responibility is called this?
What is a partnership?
This type of investment involves buying property to rent or sell later.
What is real estate investment?
The government collects this to fund public services.
What are taxes?
This type of insurance protects travelers against unexpected costs.
What is travel insurance?
This type of expense happens regularly, like rent or phone bills.
What are fixed expenses?
This Australian city is famous for its mining industry and contributing to the economy?
What is Perth?
The chance of losing money when investing is called this.
What is risk?
A rise in the cost of living over time is called this.
What is inflation?
Visiting another country to experience its culture and traditions is called this.
What is cultural tourism?
A written plan that tracks income and expenses is called this.
What is a budget plan?
The act of paying workers for their time is called this?
What is wages?
A company pays this to shareholders as a portion of its profits.
What is a dividend?
When businesses and consumers interact in buying and selling, this system is at work.
What is the market economy?
The extra charges added to flights, like baggage fees, are known as this.
What are hidden costs?
The ability to buy now and pay later is known as this.
What is credit?
This board game teaches players about money, property and investments?
What is monopoly?