General Knowledge
What is the world's first digital currency?
Bitcoin
What board game teaches basic concepts of property ownership and rent?
Monopoly
What is diversification in investing?
Spreading money across assets to reduce risk
What is the law of supply and demand?
It states that prices rise when demand is high and supply is low, and prices fall when supply is high and demand is low.
When was the Great Depression?
1929-1939
Zhusup Balasagun
In Squid Game, players compete for a prize of how many won?+- 2
₩45.6 billion
What is the difference between a fixed expense and a variable expense?
Fixed stays the same (like rent), variable changes (like food or gas).
What does “GDP” stand for?
Gross Domestic Product
In ancient times, what was often used as a form of money before coins?
Shells
What is the currency of Switzerland?
Swiss Franc/ Franc
In Shark Tank, what are the investors called?
Sharks
What’s the difference between a debit and a credit card?
Debit = your money; Credit = borrowed money
What is the difference between export and import?
Export = goods boughts from other countires
Import= goods sold to other countries
Which country first introduced paper money?
China
What is 'fiat money"?
A currency not backed by a physical commodity like gold
In The Wolf of Wall Street, what kind of company does Jordan Belfort run?
A stock trading firm
What is the opposite of recession?
Economic boom or expansion
What is the most popular Stock Exchange in the world?
What does “ATM” stand for?
Automated Teller Machine
Nurlan Motuev
Which type of investment generally carries higher risk: bonds or shares (stocks)?
Shares are riskier than bonds because their prices fluctuate with the market, while bonds offer fixed, stable returns.
What is recession?
Recession is a period when the economy of the country slows down
When bitcoin was first introduced? +- 1 year
2009