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WorksheetsEconomics/Personal Finance
Total questions: 39
Worksheet time: 24mins
What is the term for the decisions individuals make in the management of their money?
Personal Finance
Corporate Finance
Macroeconomics
Public Policy
What is the term for the money an individual acquires?
Income
Debt
Expense
Loan
What is the term for the spending of some or all of income for various purposes?
Expenses
Savings
Investments
Revenue
What is the term for essential costs for living and survival, such as food and shelter?
Expense Needs
Luxury Expenses
Optional Savings
Entertainment Costs
What is the term for items or services that are not absolutely necessary, non-essential costs for luxury or enjoyment?
Expense Wants
Basic Needs
Fixed Costs
Essential Expenses
What is the term for a negative bank balance due to excess withdrawal?
Overdraft
Deposit
Dividend
Cheque
What is the term for a plan for income and expenses over time?
Budget
Invoice
Receipt
Loan
What is the term for the cost of borrowing money or earnings on savings?
Interest
Dividend
Tax
Commission
What is the term for providing financial security and emergency funds?
Savings Importance
Investment Planning
Tax Evasion
Loan Repayment
What is the term for maintaining at least 3 months of expenses?
(a)
What is the term for money spent on something with the goal of making a profit, allocation of money to generate profit over time?
Investment
Expenditure
Donation
Expense
What is the term for purchasing assets like stocks, bonds, or funds, putting money into something physical (such as real estate or real investments)?
How to Invest
How to Save
How to Spend
How to Borrow
What is the term for the potential for profit but possible loss of capital?
Investment Benefits/Risks
Guaranteed Returns
Fixed Income
No-Risk Savings
What is the term for a time deposit with fixed interest rate and term, made with a bank?
Certificate of Deposit (CD)
Savings Account
Checking Account
Money Market Account
What is the term for investment in loaning money to the government with an end date, where you are paid back your principal plus interest?
Bond
Stock
Mutual Fund
Real Estate
What is the term for shares representing ownership in a company?
Stocks
Bonds
Debentures
Mutual Funds
What is the term for an individual or entity owning shares in a company?
Shareholder
Creditor
Director
Employee
What is the term for the benefit of highest return on investment and the risk of being volatile and losing everything invested?
Stock Benefits/Risks
Bond Benefits/Risks
Real Estate Benefits/Risks
Savings Account Benefits/Risks
What is the term for an investment vehicle pooling money for diversified assets such as many different stocks and bonds?
Mutual Fund
Certificate of Deposit
Savings Account
Credit Card
What is the term for an arrangement where a buyer can take possession of something now and pay for it in the future, usually with interest?
Credit
Deposit
Barter
Lease
What is the term for types of credit that include personal loans, mortgages, and credit cards?
Types of Consumer Credit
Types of Business Credit
Types of Secured Credit
Types of Investment Credit
What is the term for reclaiming property due to unpaid debt?
Repossess
Donate
Lease
Insure
What is the term for reflecting creditworthiness and affecting borrowing terms?
Credit Score Importance
Loan Tenure
Interest Rate Cap
Debt Consolidation
Railroad use declined because of what?
Steam Engine
Trucks
Subways
Airplanes
What synthetic fibers decreased the demand for cotton?
Rayon
Nylon
Polyester
Wool
What other crops are NOT important for Georgia's economy?
Vidalia Onions
Apples
Pecans
Strawberries
What was found at the Fall Line and became a billion dollar industry in Georgia?
Broiler Chickens
Kaolin
Aerospace
Tourism
Which of the following is Kaolin NOT used for?
Medicine
Ceramics
Paint
Marble
What synthetic fiber made carpets less expensive?
Rayon
Polyester
Nylon
Wool
What is created at Lockheed Martin?
Bell Bombers
Modernized aircrafts for the aerospace industry
Kia Engines
Home Depot products
Which of the following is NOT manufactured in Georgia?
KIA
Blue Bird Busses
EZ- GO golf carts
Granite
What is the definition of service industry?
A business that manufactures goods
A business that does work for a customer
A business provides goods
A business that creates goods
What are examples of service? Choose all that apply.
Restaurants
Hotels
Insurance
Banking
What is the name of the cable network that started in Georgia?
CBS
TBS
BST
CNN
What type of tournament is held in Augusta every year?
Tennis
Baseball
Golf
Soccer
What type of impact does the convention and tourism industry have on Georgia?
20 Billion Dollar
40 Billion Dollar
80 Billion Dollar
30 Billion Dollar
How much money should you always have in savings?
1 month of expenses
3 months of expenses
8 months of expenses
1 year of expenses
Organize these options into the right categories
Certificate of Deposit
Investment with a bank
Investment with government/bank
Investment as a shareholder in a business
Multiple stock from different investors pooled together
Match the categories for making a budget?
Essentials
Things you can't live without.
Security
Increases your financial stability
Goals
Money set aside for future big expenses
Lifestyle
Navigate your social world
Discretionary
Treating Yourself
