Personal Finance and Entrepreneurship Review

Front

An ________________ takes a risk to start a business or create a new product.

Back

entrepreneur

Front

Which of the following is being described by the list below?
The Business does not make a profit
The Business closes
Investors lose their investment

Back

Business Risk

Front

The money that is left after a business pays operating expenses is the _______________.

Back

Profit

Front

What is the most reliable way to earn income? Options: Getting a job, Making a real estate investment, Getting a loan from a bank, Getting a high interest credit card

Back

Getting a job

Front

_________________ is added to credit card balances that aren't paid in full every month.

Back

Interest

Front

When you borrow money from a bank or loan company, you must pay _____________ in addition to repaying the money you borrowed.

Back

Interest

Front

Why is it important to save for retirement?

Back

People who retire no longer have income from working