Money Matters
What is a the currency in India called
Rupees
A person who starts their own business is called what?
An entrepreneur
The study of how people make choices about using limited resources is called what?
Economics
What do we call the chance of losing money when making an investment?
A risk
Taylor Swift is often nicknamed this animal because of her fans.
A swiftie
Money that is kept in the bank can earn extra income, what is this called?
Interest
The total money a business makes before costs are subtracted is called what?
Revenue
Goods that are bought and used by people (like clothes and food) are called what?
Consumer goods
Putting your money into different investments to lower risk is called what?
Diversification
The Olympic Games are held every this many years?
Every four years
What is the the value of all goods and services produced in a country in one year called?
Gross Domestic Product (GDP)
What is the term for the money a company earns after subtracting all costs?
Profit
The basic economic problem that resources are limited but wants are unlimited is called what?
Scarcity
The stock market is an example of what type of investment market?
An equity market
How many bones does the human body have?
206
When prices of goods and services rise over time, what is this called?
Inflation
A brand’s logo, name, or symbol that makes it recognizable is called what?
A logo
What kind of economy is driven by supply and demand, with little government control?
What is a market economy
A loan used to buy a house is called what?
A mortgage
What is the largest bird in the world called?
Ostrich
What is the term for the money left after paying taxes, used for spending or saving?
Disposable income
This is the simplest type of business ownership, run by one person?
A sole trader
When you give up one thing to get another, it’s called?
What is opportunity cost
What is the term for when investors buy stocks hoping to sell them quickly for profit?
Speculation
What video game features a battle royale mode where players drop from a flying bus?
Fortnite