Community
a place where people live, work, trade, and share (hint: The answer begins with the letter C.)
What is a community?
3 types of resources used to produce goods and services (hint: One of the types of resources is human resources.)
What is human, natural, and capital?
a fee received for the use of money (hint: Financial institutions charge this fee when you pay back loans.)
What is interest?
You don't really like playing the guitar, but everyone knows you have a developed ability for it. This refers to another word for your ability.
What is skill?
What is a credit union?
You have a right to use public goods and services. This responsibility goes with that right. (hint: It is one of the reasons your paycheck amount is less than you expected.)
What is to pay taxes?
where people and businesses come together to buy and sell goods, services, and resources (hint: the answer starts with the letter M.)
What is markets?
Before you deposit your paycheck at the bank, you must do this on the back of the check. (hint: It is what you will do on the back of your paycheck at JA Biztown before you deposit it.)
What is endorse it?
the term for charitable giving to increase the well-being of a community (hint: someone who donates money to a charity is participating in.....)
What is philanthropy?
You must do this before you can vote. (hint: Once you do this, you get a special card which lets you vote.)
What is register?
Charging too much for toilet paper in the midst of a pandemic, which is viewed as taking advantage of a crisis.
What is price gouging?
You deposit $5.00 in the bank, then write a check for $4.00. Where should you record your transactions? (hint: It is where you record your financial transactions at JA Biztown.)
What is checkbook register?
Teresa is skilled at knowing how to act as an employee. She dresses appropriately, treats customers nicely, and is punctual. These are just as important as degrees. (hint: They are the skills most employers believe to be missing in many of their employees.)
What are soft skills?
Junior Achievement is an institution that increases the well-being of young people by inspiring and preparing them to succeed in a global economy. What type of organization is Junior Achievement? (hint: JA is NOT about earning a profit.)
What is a nonprofit organization?
the three W's of philanthropy? (hint: The first W is for wealth.)
What is wealth, work, and wisdom?
someone who is an innovator, recognizes opportunities, and organizes resources to make a product (hint: Someone who starts a new business is one of these.)
What is an entrepreneur?
Loan given to purchase a home.
What is a mortgage?
This document is submitted by applicants seeking employment & lists relevant skills and degrees.
What is a resume?
What is the price equilibrium?
things owned together by all people for everyone's use (for example, a city park) (hint: Taxes people pay are used to provide these things.)
What is public goods and services?
the freedom that Tom enjoys when he buys a new tractor to use on his farm. (hint: It is a freedom that allows someone to buy land.)
What is freedom to own property? (Freedom to buy goods and services is also acceptable.)
You want to get cash back from your deposit. You must do this on your deposit ticket, which is different from when you don't want cash back?
What is sign your deposit ticket?
the amount an employee earns before taxes are deducted (hint: It is NOT net pay.)
What is gross pay?