A deposit account that pays interest based on current interest rates in the money markets. They are a great place to park your emergency fund. - Money Market Account , Investments that represent small pieces of ownership of a company. These carry the greatest risk. - Stocks , The money you pay for your insurance policy. - Premium , An economic system in which the government owns, controls and regulates all aspects of production, trade, and income generated by the most valuable resources. - .Command Economy ., An economic system which is driven by the economic principle of supply and demand. - Market Economy ., The reliance of one country on the resources, goods or services. - Interdependence ., Is an unplanned purchases, often spurred by emotion or advertising. - Impulse purchase ., All of the things a company will do to promote their product. - Marketing ., A person who pays for goods or services. - Consumer ., The monetary value of all goods and services produced in a country in a year. - GDP (Gross Domestic product) ., The interaction between the various countries of the world. - Globalization., The main federal agency designed to enforce consumer protection laws. - Federal Trade Commission ., 1/5 foundations - save a 500$ emergancy found., 2/5 foundations - get out of debt., 3/5 foundations - pay cash for cars., 4/5 foundations - build wealth and give., 5/5 foundations - pay cash for collage.,
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FL STUDY GUIDE FOR CHAPTERS 4-6! (STUDY!)
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Kileybah
7th Grade
maths and financial literacy
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