Stocks
A sum of money paid regularly by a company to its shareholders out of its profits
What is a Dividend?
Meet short term goals
What is Saving?
3 things that Taxes pay for
What is Roads, Schools and police?
Protection from potential losses/ Agreeing to pay a premium to avoid higher costs
What is Insurance?
Goods and services now, payed later
What is Credit?
What do people hope to achieve when buying stocks
What is sell them at a higher price later on?
Meet long term goals
What is Investing?
This Tax system pays right to the government
What is Direct Tax?
Set Amount paid by the insured to have an insurance policy
What is a Premium?
Plastic Card used to purchase goods and services
What is a Credit Card?
Electronically traded stock created in 1971
What is NASDAQ?
Government sponsored insurance on bank products
What is FDIC?
This Tax System is submitted to the Government
What is Indirect Tax?
The person buying insurance
What is a Policy Holder?
Interest that is charged upon interest
What is Compound Inerest?
True or False, when the stock market is up, it makes the economy better
What is False?
Rise of Cost for goods and services over time
What is Inflation?
The 3 Tax Systems
What is Proportional, Regressive, and Progressive?
A request filled by the insured in the event of a loss
What is a Claim?
This type of credit is used when buying expensive items like a Car or a Mortgage
What is Installment Credit?
3 Biggest Shareholders and what their companies were
Carnegie(Motors), Rockefeller(Oil), Vanderbilt(Railroad)
Having a little bit of stock in each company
What is an Index Fund?
Cause of the American Revolution
What is Taxes?
What are the 4 Factors in the cost of Auto Insurance
What is a Personal Circumstance, Discounts, Deductible, Levels of Coverage?
The 5 categories that Credit Scores are based on
What is Payment History, Amount Owed, Length of Credit History, New Credit, and types of credit used?