Investment and Building Societies in Economics

Examples of building societies

• Victoria Mutual Building society, Bank of Jamaica

• Bank of Jamaica, Bank of Cuba

• Nation Wide, Jamaica National Building Society

How many building societies are located in Jamaica?

• two

• three

• five

• none

What is the largest building society in the world?

• nation wide

• bank of Jamaica

• The United States of America

Where is the largest building society headquarters located?

• England

• Jamaica

• America

• Africa

What is investment Trust?

• limited liability company that sells shares

• a fund raiser

• A sole trader company

• private company

An Investment trust is a?

• limited liability company

• public liability company

• private enterprise

• supermarket

An investment trust aims to make money by?

• doing charity work

• working with the government

• investing in other companies

An independent board of directors is elected by the

• costumers

• shareholders

• government

• people outside of the investment

Why is an independent board of directors elected?

• to monitor the performance of the company

• to make a profit

• look after shareholder interests

• to improve the economy

Name one investment fund institution you saw in the presentation