Home Library Explore SAT

Home Library Explore SAT

Financial Literacy- Grade 6 Flashcards | StudBud

Explore/Financial Literacy- Grade 6

What is investing in a company mean?

Which of the following items is a WANT

Financial Literacy- Grade 6

12 terms·StudBud Administration·915 plays

Imported from external platform

Flashcards12 cardsFPractice quizPHost liveL

Questions 12

Answers

1
Which of the following items is a WANT
Water
Drone
Food
Clothing
2
What is investing in a company mean?
You tell others to avoid buying a product
You give them some money to get started believing they will do well
You don't support a company
3
What “good” does Birdie decide to sell?
Pizza
Candy
Dirt
Candles
4
What does HIGH DEMAND mean?
Lots of people want something
Very few people want something
It means you advertised a lot
5
What is DEMAND?
The amount a store has available
The amount of profit you make
The amount of something people want to buy
The price of something
6
What is an “entrepreneur”?
A person who starts or runs a business for the purpose of making a profit.
Someone who likes to serve entrees
Someone who likes the smell of manure
Someone who speaks french
7
What does being an entrepreneur require of someone?
Taking risks
Giving up
Open Minded
Identifying a problem
8
What’s profit?
The item she is selling
The money gained from sales after expenses or costs are paid.
The money she loses after a sale
The money she spends to start the business
9
What is NOT the BEST choice when you have money?
Invest it
Spend every penny as you get it!
Save it
Donate (share it)
10
What method below is not a good way to earn money?
Steal it
Work- earn it
Receive it as a gift
Sell things you don't need anymore
11
What items listed below is a NEED
Remote Control Car
Headphones
Football equipment
Food
12
If we support entrepreneurs, our world will be more...
Interesting
Diverse
Creative
Boring