Year 7 Economics

Who tries the hardest in Social Sciences?

• 7.1 and 7.2
• Everyone
• 7.3 and 7.4
• 7.5

Capital invested in business, banks and property during a person's working life. _

• Investment Returns
• Superannuation
• Profits
• Interest

When you stop working or have stopped working, usually because you have reached a particular age

• Tired of work
• Won Lotto
• White collars
• Retirement

Someone who performs manual labour, often in a manufacturing job, and who earns an hourly wage. _

• Brown collar
• White Collar
• Blue Collar
• Orange Collar

Any activity which creates goods and services _

• The Boss
• Everyday life
• Work
• Service

Regular payments made to elderly people to support them in retirement. _

• Superannuation
• Age Pension
• Profits
• Interest

The income earned by entrepreneurs when the total income from a business is greater than the costs of running the business. _

• Salaries
• Unearned income
• Earned Income
• Profits

A sum of money paid regularly by a company to its shareholders out of its profits _

• Profits
• Interest
• Dividends
• Wages

A sum paid or charged for the use of money or for borrowing money _

• Interest
• Fees
• Commission
• Dividends

Pay per year regardless of hours worked _

• Fee
• Dividends
• Salary
• Profits