Finance Vocab Challenge

What is a financial institution?

• A financial institution is a government agency that regulates the financial industry.
• A financial institution is a non-profit organization that provides financial education.
• A financial institution is a company that provides financial services.
• A financial institution is a type of insurance company.

What is a surplus?

• A balanced amount of something
• A shortage of something
• A random amount of something
• An excess amount of something

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

What does scarcity mean?

• Equal distribution of resources
• Limited availability of resources
• Abundance of resources
• Unlimited availability of resources

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

There are several things that Shelly needs to plan for to spend money on. What would be beneficial for her to create to help?

• savings plan
• investment portfolio
• budget
• expense tracker

Everyday, American's are charged this on every purchase.

• excise tax
• income tax
• sales tax
• property tax

When you get a job and you make money, it is called?

• position
• occupation
• life

• income

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

What does it mean to save?

• To keep or preserve something for future use or reference.
• To share something with others.
• To spend money on something.
• To discard or throw away something.

Tags

CCSS.L.5.5C

Homer wants to put money towards stocks. This is called what?

• investing
• borrowing
• spending
• saving

Tags

CCSS.RI.4.4

CCSS.RI.5.4

CCSS.W.4.2D

CCSS.W.5.2D

CCSS.W.6.2D

The animal shelter is in need of food, they asked if anyone could contribute food. This is asking for a?

• Volunteer
• Donation
• Fundraising
• Adoption

Tags

CCSS.L.5.5C

What is a good?

• A good is a want or need.
• A good is a bad.
• A good is a service.
• A good is a tangible or intangible item that satisfies a human want or need.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C