Economics and Personal Finance Final

How do goods and services differ?

What is the purpose of a Financial Plan?

Explain why entrepreneurs are the driving force of the free enterprise system.

Why do business owners prefer "incorporating" over the other

two forms of business organizations?

What are the three most important and required documents when applying for a mortgage?

Explain to me what online banking is and what services are offered?

Tell me in your own words what Game Theory is or how "Prisoners Dilemma" explains the concepts behind it. This needs to be a minimum of 2 good full sentences.

There is 3 parts to this question:

Why was the Monopoly board game created?

What was Monopoly's original name?

Give me ONE legitimate economic term or concept that the Monopoly Board game teaches students.

What are the key differences in the two terms "Marketing" and "Advertising"?

When building an advertising campaigns marketing departments create storyboards and themes. Explain to me why marketing does this.