Economics Vocab Flashcard

Front

I didn’t pay my car payment this month, so now I ________________________ on my loan to the bank.

Back

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Front

Having one job may not cover all bills; one might need to supplement income with another job or invest in stocks.

Back

supplement

Front

Parents' daily work provides an ____________ for our family.

Back

income

Front

In class, we plan weekly for our finances to ensure we can pay our bills.

Back

finances

Front

I make ___________ on my savings account. If I take out a loan, I will have to pay _____________ back to the bank.

Back

interest

Front

I buy ____________ in a company to profit.

Back

stock

Front

Money kept in a bank for safety, earning interest.

Back

Savings

Front

Money paid to the government for infrastructure and salaries.

Back

Taxes

Front

I made an ________________ in a company by buying stock.

Back

Investment

Front

A person who starts their own business is called an...

Back

Entrepreneur