Basic Financial Terms
When money is owed to another person.
What is debt?
The money a person makes from their job.
What is income?
In 1849 some people were swept up in the excitement of what is called The Gold Rush in this state
What is California
Not using your money and putting it somewhere safe for the future
What are savings
Spiderman's real name is
Peter Parker or Miles Morales
The amount of money you get to keep after expenses.
What is profit?
Money a person must pay if they borrow money.
What is interest?
What are the three branches of the Federal Government
Legislative, Executive, and Judicial
When you take money out of your bank account.
What is a withdrawal?
What is the only planet in our solar system to rotate clockwise on its axis
Venus
The ability to borrow money. Takes place between a borrower and a lender.
What is credit?
Money a business needs to spend to operate.
What is expenses?
Written in 1787 this document is the "Supreme law of the land" in the US
What is the US Constitution
A plan for earning and spending over a period of time.
What is a budget?
This is the center or core of an atom
What is the nucleus
Who is on the 10 dollar bill?
Alexander Hamilton
In 2018 there were 272 sightings of this animal in the waters around NYC
What are whales
Money taken by the government from an individuals work earnings.
What is income tax?
This political party was founded in Ripon, WI in 1854 with the goal of ending slavery in the United States
What is the Republican Party?
To spend money with the expectation that it will make you more money in the future.
What is investing?
Leonardo da Vinci's “Mona Lisa” hangs in what museum
The Louvre Museum in Paris
A person who is taking money from another person and is planning to give it back later.
What is a borrower?
Spotted in 2007 Justin was the first of this animal to be spotted in NYC in 200 years. Since then others of this species now live in the Bronx, Staten Island, and occasionally are spotted in Brooklyn and Manhattan
What is the beaver
Who is on the 100 dollar bill?
Benjamin Franklin
George Washington fought in this war in 1754-1763 which was about colonial territories in North America
What is the French and Indian War
When you put money into your bank account.
What is a deposit?
18 is what percent of 90?
20%