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Financial Literacy Vocabulary

Financial Literacy Vocabulary. Mar- Dekiata Littlejohn. Business. an occupation, profession, or trade. Capital. the city or town that is the official seat of government in a country, state, etc. Economy.

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Financial Literacy Vocabulary

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  1. Financial Literacy Vocabulary Mar-Dekiata Littlejohn

  2. Business • anoccupation,profession,ortrade

  3. Capital • thecityortownthatistheofficialseatofgovernmentinacountry,state,etc

  4. Economy • thriftymanagement;frugalityintheexpenditure or consumptionofmoney,materials,etc.

  5. Entrepreneur • apersonwhoorganizesandmanagesanyenterprise,especially a business, usuallywithconsiderableinitiativeandrisk.

  6. Employee • apersonworkingforanotherpersonorabusinessfirmforpay.

  7. Profit • pecuniarygainresultingfromtheemployment of capital inanytransaction.

  8. Resource • asource of supply, support, or aid, especiallyonethat can bereadily drawn upon when needed.

  9. Free Enterprise System • An economic system characterized by private ownership of property and productive resources, the profit motive to stimulate production, competition to ensure efficiency, and the forces of supply and demand to direct the production and distribution of goods and services.

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