JA Biztown

Community

100

a place where people live, work, trade, and share 

What is a community?

200

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?

300

You must do this before you can vote. 

What is register?

400

standards that help determine what is good, right, and proper

What is code of ethics?

500

someone who contributes to society by donating their time, their wealth, or their talent

What is a philanthropist?

Economics

100

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?

200

The process of:

1. businesses providing goods and services, and 

2. citizens paying for good and services. 

3. citizens providing labor for businesses, and 

4. businesses paying for labor.

What is circular flow of economy?

300

a concept that tells us that people can't have everything that they want (hint: It is the term we use to explain that resources are limited.)

What is scarcity?

400

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?

500

the type of economy that JA BizTown is

What is free enterprise (or free market)

Financial Literacy

100

a fee received for the use of money (hint: Financial institutions charge this fee when you pay back loans.)

What is interest?

200

Before you deposit your paycheck at the bank, you must do this on the back of the check. 

What is endorse it?

300

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 money tracker?

400

we bought a product for $2.00, before tax. The tax rate is 5%. How much did we actually pay for the product?

What is $2.10

500

You want to get cash back from your deposit. What must you do on your deposit ticket that is different from when you don't want cash back?

What is sign it?

Work Readiness

100

along with interests, this is what you want to consider when making career decisions.)

What is skill?

200

the career type that is missing from this list: people, things, ideas,...... 

What is data?

300

Teresa is skilled at knowing how to act as an employee. She dresses appropriately, treats customers nicely, and is punctual. What are those important skills called? 

What are soft skills?

400

written summary of a person's work and school experience, designed to spark an employer's interest. 

What is resume?

500

the amount an employee earns before taxes are deducted 

What is gross pay?

Miscellaneous

100

a member of a town, city, county, state, or country (hint: You signed a pledge to become one of these for JA Biztown.)

What is a citizen?

200

the type of government JA BizTown is (and the USA)

What is representative democracy?

300

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?

400

Rochelle sells lemonade to her neighborhood lemonade stand. Does she sell a good or service?

What is a good?

500

another name for a model or sample of a product 

What is a prototype?