Show:
Junior Achievement
Education & Skills
Economics
Money
Wild Card
100
What does invention mean?
What is to make or think of something that did not exist before.
100
What is one way to increase earning?
Getting an education or learning a skill.
100
What are some natural resources that a business could use to make and sell goods and services? List at least two.
Water, plants, trees, crops.
100
What does it mean when a business has a loss?
It pays more in expenses than it makes in sales.
100
What problems are the result of circumstances a business has little control over?
Weather, bad economy, supplier problems.
200
What are two examples of services.
What is work done for others, such as haircuts or car repairs.
200
Higher payer jobs usually require candidates to have what?
A college education
200
What is a region?
A geographic area united by similar characteristics.
200
List at least three needs.
What is food, clothing, shelter.
200
What is a budget?
The term referring to a list of estimated income and expenses for a given time period or event.
300
What is the meaning of the term entrepreneur?
A person who uses resources to start a business.
300
Name at least one trait of an entrepreneur.
Determined, creative, self-confident, ambitious, people-person, experienced.
300
What does the term resource mean?
Something that is used to produce a good or service.
300
Name at least two sources of income.
What is wages earned, gifts, interest earned.
300
What is a type of bank account where your money can grow in value?
What is a savings account.
400
What does the term human resources mean?
People who do the work that businesses need to make and sell goods and services.
400
Name at least one way to pay for college.
What is savings, grants, loans, scholarships.
400
Give at least two examples of goods that a business might sell.
Cars, cell phones, hamburgers, lemonade, clothing.
400
You are saving up to buy a video game that costs $20. You decide to put $4 a week towards savings for the game. How many weeks will you have to save?
What is 5 weeks.
400
Name at least two costs of buying and caring for a pet.
What is purchasing the pet, buying food, vet bills, shots, supplies.
500
Name two entrepreneurs.
Tony Hawk, Walt Disney, Rachel Ray, Lebron James, J.K. Rowling, Steve Jobs
500
Which of the following do you have to pay back: student loans, grants, scholarships.
What is student loans.
500
What are two examples of ways that a business might advertise?
Website, internet ads, newspaper, signs and posters, commercials.
500
You have $50. You go to the grocery store and spend $24.47. You babysit and earn $25. You buy dog food that costs $32.45. How much money do you have left?
What is $18.08.
500
Name at least two different payment methods.
What is cash or credit.