Financial and economic literacy

Created by zachisbeast 

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Budget

a summary of intended expenditures along with proposals for how to meet them

Interest

a fixed charge for borrowing money

Consumer

a person who uses goods or services

Credit

an accounting entry acknowledging income or capital items

Economy

an act of economizing

Finance

the commercial activity of providing funds and capital

Incentives

advantages that help businesses, such as lower taxes, cheaper land, and employee training programs.

Income

the financial gain (earned or unearned) accruing over a given period of time

Literate

a person who can read and write

Producer

someone who manufactures something

Profit

the advantageous quality of being beneficial

Opportunity Costs

the most desirable alternative given up as the result of a decision

Principle

a rule or standard especially of good behavior

Investor

someone who commits capital in order to gain financial returns

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