Vocabulary Terms
A stock that provides the most basic form of cooperate ownership.
Common Stock
Put the stages of the business cycle in the correct order. (ex: 1, 2, 3, 4)
1. Recession
2. Depression
3. Recovery
4. Prosperity
3,4,1,2
A ______ requires you to deposit a specified amount of money in an account for a set period of time.
Options: Money market, CD, Savings Account, Checking Account
CD
A slowdown of economic activity.
Recession
A rise in business activity after a recession or depression.
Recovery
With a _____ account holders can write only a limited number of checks.
Options: Money market, CD, Savings Account, Checking Account
Money Market
A share of profits given to stockholders.
Dividends
The rise and fall of economic activity.
Business Cycle
_______ allow consumers to deposit or withdraw money at any time and to earn interest on the funds.
Options: Money market, CD, Savings Account, Checking Account
Savings Account
A profit made from the sale of a financial asset such as a stock or bond.
Capital Gain
A peak of economic activity.
Prosperity
A share of ownership in a cooperation
Stock
An amount lost when an asset is sold for less than it cost.
Capital Loss
A deep recession that affects the entire economy and lasts for several years.
Depression
A certificate issued by a government or company in which it promises to pay back borrowed money at a fixed rate of interest on a specified date.
Bond