Economic Vocabulary

What is the meaning of CAPITAL?

• place in a state

• insurance

• money

• the business owner in charge

What is the definition of BUSINESS PLAN?

• who will run your business

• a detailed plan including the strategies to make a profit

• what your business will sell

• location of your business

What is the definition of EMPLOYEE?

• someone who will buy your product

• the owner of your business

• someone who will work in your business

• a business similar to yours

What is the definition of FUNDING?

• money to start your business

• profit

• money your business makes

• investing

What is the definition of INVESTOR?

• someone who loans you money for your business with the expectation that you WILL pay them back

• employees who give you money

• people who buy from your business

• someone who loans you money for your business with the expectation that would NOT pay them back

What is the definition of PROFIT?

• the amount of money you make altogether

• how much total money you make in 1 day

• the amount of money that you make that is over the amount of money you used to start your business

• how much total money you make in 1 year

What is the definition of REINVEST?

• to borrow money from someone and pay them back

• to use money from your business to buy something new

• to loan someone money for their business

• to take money you earned from your business and put back into your business to make it grow

What is the definition of MARKETING?

• to sell your business

• to advertise your business so that people want to come to your business

• to make a profit

• to be in a commercial

What is the definition of CREDIT?

• using someone else's money and paying it back later

• paying for something right away

• paying with cash

• trading an item of yours to pay for the new item

What is the meaning of GOODS?

• items you buy with money

• saving money at a bank

• services you buy with money

• investing your money to buy something you want