JA BIZ TOWN BABYYYY Flashcards

JA BIZTOWN (57 cards)

1
Q

Economy

A

how a country makes and manages goods, services, and money

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2
Q

Financial institutions

A

businesses that provide money related services examples include credit unions, banks, and saving and loans

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3
Q

Bank

A

a businesses that charges customers for money related services

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4
Q

Credit union

A

a financial institution owned by its members that provides many of the same services as a bank.

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5
Q

Loan

A

money borrowed that must be repaid, usually with interest

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6
Q

Civics

A

The study of governments, public processes, and the rights and duties of citizenship

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7
Q

Transaction

A

a business agreement or exchange

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8
Q

Paycheck

A

a check received for work complet…

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9
Q

Endorse

A

To write a signature on the back of a check.

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10
Q

Income

A

the money people earn for their work based on the value they bring to the business.

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11
Q

Direct deposit

A

money straight into your account.

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12
Q

Money tracker

A

A tool to put in money or to take out money from an account

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13
Q

deposit ticket

A

A written record of money put into a bank account

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14
Q

Right

A

The freedom to act in a certain way

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15
Q

Responsibility

A

a duty to behave in a certain way

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16
Q

Transaction

A

a business agreement or exchange

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17
Q

Scarcity

A

A condition which people cannot have everything they want because of limited resources

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18
Q

Credit card

A

A card that allows the holder to buy good services by taking out a bank loan

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19
Q

Debt card

A

Your money that you have in your account comes out quick

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20
Q

Ebt card

A

A card used to be food

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21
Q

Electric payments

A

Payment you made over your phone a computer

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22
Q

Gift card

A

A card that is purchased for a certain amount

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23
Q

Prepaid

A

A card that allows you to only spend the am

25
Character
a part of a persons being that makes one an individual
26
Citizens
Members of a city, town , or county
27
Citizenship
expected traits of a responsible members of a community
28
Civics virtues
Personal habits and attitudes that promote the well being of a group
29
Community
a place where people
30
Philanthropy
human love
31
Contract
an agreement to behave according to the stated guidelines
32
Ethics
the standards that help determine what is good, right, and proper
33
Goods
Things people buy and use
34
Services
Work done for others
35
Resources
The people and the things that are needed
36
Labor
Work produced by Human Resources
37
Consumer
People who buy and use the goods and services
38
Entrepreneur
A person who uses resources to start a business
39
Free enterprise
How decisions are made by people/bussines
40
Producer
A person who creates or supplies goods or services
41
Prototype
A model or sample of a product to be produced
42
Profit
amount of money left after all business expenses have been paid
43
Representative democracy
person who represents you
44
Taxes
money that we give to the government for resources
45
Philanthropist
person who loves
46
Gross pay
money you can get before taxes
47
Net pay
After tax’s
48
Interest
Things a person likes to do
49
Skills
Abilities a person has you develop it
50
Applicant
A person who requests or seeks something, such as a job
51
Job interview
A discussion to determine whether an applicant is suitable for a job
52
Resume
A written summary a list of something someone has done
53
Dictatorship
A government that keeps all the power
54
Monarchs
A government with a single leader
55
Representative democracy
Vote for people to represent
56
Informed voting
The practice of researching the issue and candidates
57
Referendum