You and Your Government

Read the Scenario and decide whether it s an example of a good debt choice or a bad debt choice? When Sammy turns 18, he gets his first credit card. He pays his bill in full every month and therefore never has to pay interest or service charges on his purchases.

• GOOD DEBT CHOICE -- Boost Credit Score
• BAD DEBT CHOICE - Hurt Credit Score

Read the Scenario and decide whether it s an example of a good debt choice or a bad debt choice? Eli borrows $500 from a payday loan company for a new video game system. He doesn't have a job or any way to repay the loan.

• GOOD DEBT CHOICE - Boost Credit Score
• BAD DEBT CHOICE - Hurt Credit Score

Read the Scenario and decide whether it s an example of a good debt choice or a bad debt choice? Jane-Marie loves her new credit card. She buys clothes and new decorations for her dorm room. She does not think of her card as "real" money.

• GOOD DEBT CHOICE - Boost Credit Score
• BAD DEBT CHOICE - Hurt Credit Score

Read the Scenario and decide whether it s an example of a good debt choice or a bad debt choice? Skylar has a busy life and always uses her credit card. Sometimes her life is so busy that she forgets to make her monthly payment.

• GOOD DEBT CHOICE - Boost Credit Score
• BAD DEBT CHOICE - Hurt Credit Score

Read the Scenario and decide whether it s an example of a good debt choice or a bad debt choice? Corey and Lisa get a mortgage load for the purchase of their first home. They research banks to find a low interest rate and never miss a payment.

• GOOD DEBT CHOICE - Boost Credit Score
• BAD DEBT CHOICE - Hurt Credit Score

Entrepreneurs take risks to start businesses in the hopes of making a profit.

• TRUE
• FALSE

The majority of inventions and innovations come from entrepreneurs.

• TRUE
• FALSE

Which businesses were founded by entrepreneurs in Georgia?

• Chick-Fil-A, Coca-Cola, Home Depot
• Chick-Fil-A, Kentucky Fried Chicken, Spanx
• Lowes, Chick-Fil-A, Coca-Cola

Why do businesses FAIL?

• lack of interest in the product
• poor business planning
• too much competition
• Doc buys them out with his millions of dollars

What is the BEST description of an entrepreneur?

• likes certainty and safety
• takes large risks
• often has no interest in profit
• has no original ideas