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5 Written questions

5 Matching questions

  1. Adam Smith
  2. Charter
  3. Money must be HARD TO COUNTERFEIT
  4. Liable
  5. Securities
  1. a Legally responsible for something

    Business owners are liable for their business
  2. b Another word for stocks and bonds
  3. c The father of economics
    He explained the ideas of capitalism/market economy
  4. d It must be hard to make fake money and money also should be easy for people to recognize
  5. e A license to become a corporation

5 Multiple choice questions

  1. A pool (group) of money from investors that is used to buy stocks and bonds
  2. Guessing the price of stock prices
  3. It must be easy to break money into smaller units
  4. A business owned by a group of investors.
    -20% of today's businesses are corporations & they are the largest type of business
    -Corporations are treated as a legal entitty and must get a charter from the state in order to be incorporated
  5. The object used for money stands for something else that has value

    Examples: Checks

5 True/False questions

  1. SocialismCoins and paper money. It is also called currency. This is fiat money and is the most commonly used form of money


  2. StockShares of ownership in a corporation


  3. Capital (investment capital)Money used to start a business


  4. PartnershipA license to become a corporation


  5. Savings AccountsNot true money! This is a way to store value and increase your wealth. Money in a savings account collects interest!


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