Biztown Day 4

Philanthropy

• The effort to increase the well-being of people through charitable giving.
• The money that is left over after a business pays all its costs.
• The exchange of money, goods, and resources in a market economy.
• A model of the movement of goods, services, resources, and money in an economy.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

character

• parts of a person's being that make one an individual
• Payments that citizens and businesses are required to make to a government to pay for public goods and services.
• The money that is left over after a business pays all its costs.
• The exchange of money, goods, and resources in a market economy.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

citizenship

• expected traits of a responsible member of a community
• The effort to increase the well-being of people through charitable giving.
• A situation in which people cannot have everything they want because of limited resources.
• A person who creates or supplies goods or services.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

civic virtues

• Personal habits and attitudes that promote the well-being of a group.
• Merchandise and skills offered in markets for a price.
• The amount of money an employee earns before any taxes or other deductions are subtracted.
• A good produced and offered for sale.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

contract

• an agreement to behave according to stated guidelines
• Goods and services provided by a government for the use of all people.
• The amount of money an employee receives after taxes and other deductions are taken from a paycheck.
• A model or sample of a good to be produced.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

ethics

• the standards that help determine what is good, right, and proper
• A form of government in which ultimate power lies with the people, who exercise that power directly or through elected representatives.
• Payments that citizens and businesses are required to make to a government to pay for public goods and services.
• The money that is left over after a business pays all its costs.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

The freedom to act in a certain way.

• civic virtue

• responsibility

• resume

• right

Being accountable for one's own actions and obligations.

• right

• resource

• responsibility

• resume

A member of a town, city, county, state, or country is called what?

• person
• representative
• citizen
• human

Business

• Things made by people an used to produce goods or offer services - a factory is an example
• A person who uses resources to start a business
• A company that sells goods or services
• The labor, skills, and abilities of workers used in production