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Worksheets

Florida Weekly Week 4

Total questions: 47

Worksheet time: 34mins

Name
Class
Date
1.

What is money you receive from working?

a)

income

b)

taxes

c)

entrpreneur

2.

Match the following

a)

Income Tax

1.

tax on money earned from a job

b)

Sales Tax

2.

Tax paid on items you buy

c)

Property Tax

3.

Tax paid on property you own

3.

Match the following

a)

Federal Government

1.

Government in charge of the entire United States

b)

State Government

2.

Government in charge of each state

c)

Local Government

3.

Government in charge of cities and towns

4.

What is an example of property tax?

a)

Candy

b)

Cars

c)

Paycheck

5.

The government collects ​ (a)   from the ​ ​ (b)   .

Choose from the below words
taxes
citizens
money
workers
6.

Which are examples of government services?

a)

Parks

b)

Schools

c)

Roads

d)

Taxes

7.

Match the following

a)

Taxes

1.

government collects money from citizens

b)

Income

2.

money earned from working a job

c)

Government Services

3.

things paid for by the government for citizens

8.

A tax on money earned from working a job

a)

Sales Tax

b)

Property Tax

c)

Income Tax

9.

Sales Tax

a)

Tax on money earned from working

b)

Tax paid on property owned

c)

Tax on items you buy

10.

A tax paid on property you own

a)

Sales Tax

b)

Property Tax

c)

Income Tax

11.

Federal Government is in charge of ____________.

a)

The entire United States

b)

A state

c)

Cities and towns

12.

What is the state government in charge of?

a)

United States

b)

Each state

c)

Cities and towns

13.

What is the local government in charge of?

a)

United States

b)

Each State

c)

Cities and Towns

14.

Choose 2 examples of what taxes are used to pay for.

a)

The military

b)

School buildings

c)

Newspapers

d)

Cellphones

15.

Choose 2 examples of what taxes are used to pay for.

a)

Schools

b)

Target stores

c)

McDonalds

d)

Roads

16.

What is a tax?

a)

A park or a fire truck.

b)

Money paid by a citizen to the government.

c)

Public services.

d)

Roads, schools, parks, busses.

17.

Taxes are paid to...

a)

Teachers

b)

The military

c)

The federal, state, and local government

d)

The President of the United States

18.

Who pays taxes ?

a)

children

b)

people under the a 21

c)

all citizens of the United States

d)

people that work.

19.

We have a responsibility to pay taxes because...

a)

we all use the services they provide.

b)

we like the president.

c)

the government needs money.

d)

we buy things.

20.

Mrs. Perez pays a tax every year because she own a piece of land. Which tax is this?

a)

Income Tax

b)

Property Tax

c)

Sales Tax

d)

Payroll Tax

21.

Rick bought an item for $100, but when hesaw hisreceipt, herealized that hepaid $108.20. Which statement best describes the reason why Rickpaid over $100 for the item?

a)

He paid sales tax.

b)

He paid payroll tax.

c)

He paid income tax.

d)

He paid property tax.

22.

Money that you earn (“Money In”)

a)

payment

b)

expenses

c)

income

d)

budget

23.

money that you spend or give away (“Money Out”)

a)

income

b)

savings

c)

overspending

d)

expenses

24.

How do people earn money?

a)

by playing

b)

by spending

c)

by working

d)

by saving

25.

What type of worker earns income based on how long they work?

a)

commission

b)

hourly

c)

interest

d)

salary

26.

What type of worker earns a set income?

a)

commission

b)

hourly

c)

interest

d)

salary

27.

What type of worker earns income based on how much they sell?

a)

commission

b)

hourly

c)

interest

d)

salary

28.

__________ hold customers' money in accounts for safekeeping and lend money.

a)

Banks

b)

Schools

c)

Unions

d)

Businesses

29.

Which entrepreneur started a cookie brand?

a)

James Cade

b)

Charles Ringling

c)

Wallace Amos

d)

Christina Saralegui

30.

Which entrepreneur invented GATORADE®?

a)

James Cade

b)

Charles Ringling

c)

Wallace Amos

d)

Christina Saralegui

31.

Which entrepreneur has a television show?

a)

James Cade

b)

Charles Ringling

c)

Wallace Amos

d)

Christina Saralegui

32.

Someone who starts a business is an

a)

entrepreneur

b)

comissioner

c)

lender

d)

interest

33.

What is borrowed money called?

a)

account

b)

interest

c)

lender

d)

loan

34.

What is the cost of borrowing money called?

a)

account

b)

interest

c)

lender

d)

loan

35.

What is a fee for using properly called?

a)

debt

b)

interest

c)

loan

d)

rent

36.

What is not an example in the article of property that can be rented?

a)

cars

b)

housing

c)

pets

d)

tools

37.

What is the name for a person who buys property to rent?

a)

renter

b)

borrower

c)

entrepreneur

d)

banker

38.

What is not a private enterprise?

a)

a store

b)

a restaurant

c)

a gas station

d)

a public school

39.

If people borrow money from a bank, they need to pay back the amount they borrowed along with ​ (a)   ​

Choose from the below words
interest
rent
income
40.

Match the following

a)

bank serves both businesses and individuals

1.

commercial banks

b)

bank shares profits with members

2.

credit union

c)

bank offers saving accounts & loans

3.

savings banks

41.

Florida doesn't technically have a state income tax.

a)

True

b)

False

42.

The amount of interest paid depends on the additional fees people agree to pay when they (a)   the money.

43.

How do hourly earners get extra money?

a)

They stay home.

b)

They work overtime or extra hours.

c)

They go out to restaurants.

d)

They rent.

44.

The ability to buy something now and pay for it later over time.

a)

interest

b)

credit

c)

budget

d)

lease

45.

The fee a lender charges to borrow money.

a)

loan

b)

tax

c)

interest

d)

donation

46.

What is a lender?

a)

a bank, person or company you borrow money from

b)

an income

c)

a type of tax

47.

What is it called when you owe money?

a)

debt

b)

debit

c)

credit