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THIS IS With Your Host... Personal Finance #2 Great Barrier Reef MISC 100 100 100 100 200 200 200 200 200 300 300 300 300 300 300 400 400 400 400 400 400 500 500 500 500 500 500 Australia #1 Australia #2 Personal Finance #1 100 100 200 Who are the indigenous peoples of Australia? WWI 100 Aborigines A 100 Where do most Australians work? A 200 Urban Areas A 200 What kind of economic system did the Aborigines have? A 300 Traditional A 300 What do the Aztecs/Incas have in common with the Aborigines? A 400 Populations decreased because Europeans introduced Diseases, Guns, killing off many of the Aborigines A 400 Where do most Australians live? A 500 Along the coast, near cities, where the climate is cooler (especially New South Wales and Queensland) A 500 Why did the British Colonize Australia? B 100 Because the jails were full (prison colony) B 100 What type of economic system does Australia have? B 200 Mixed B 200 What makes it easy for entrepreneurs to start businesses in Australia? B 300 Laws and the Court system protect business owners B 300 Australia has a Prime Minister, who is elected by the legislature. What type of government does Australia have? B 400 Parliamentary democracy B 400 How does literacy rate effect standard of living and GDP? B 500 Higher the Literacy Rate the higher the standard of living and GDP (and vice-versa) B 500 What is income? C 100 Money you earncan be from a job, profit from an investment, or even interest on your money in a savings account C 100 Things that you WANT but don’t NEED are called what? C 200 Luxuries C 200 How can you make sure to spend your money wisely? C 300 Keeping a Budget C 300 DAILY Place A Wager DOUBLE C 400 What are 2 goals of saving money? C 400 #1. Retirement #2. To buy something you couldn’t afford without saving (big purchases like a new TV/ Car/ computer, etc) C 400 What is the definition of Long-Term goal? C 500 Saving money for something in the future- usually takes years (things like RETIREMENT) C 500 What is Credit? D 100 Borrowed Money- things like Credit Card Loan on your House Loan for a car D 100 What does Investing mean? D 200 To spend money, in hopes of making more money than you spent. Use money to make money Examples: buying stocks, real estate, D 200 What is the key to personal finance? D 300 Don’t borrow more than you can pay back D 300 What is interest? D 400 Money or a fee a bank pays you for depositing money in their bank D 400 What is a financial responsibility of every adult? D 500 To manage and understand their finances -Stay out of debt -Get good credit D 500 The GBR is located off the coast of which Australian State? E 100 Queensland E 100 Coral is an ______? E 200 Animal E 200 The reef protects mainland Australia from this…? E 300 Cyclones/ Tsunamis E 300 This island was found by Captain James Cook and was named after the animals that live there, especially goannas… E 400 Lizard Island E 400 This habitat is found along the coast where the salt water of the ocean meets the fresh water from the rain forest. It is a sanctuary for young fish before they grow too big to live between the roots of the trees and are forced to move into the open ocean… E 500 Mangrove Trees E 500 What type of account withdraws directly from a person’s bank account? F 100 Debit/Checking F 100 Who is the Australian Head of State? F 200 Monarch (Queen) of England F 200 Why is China a leading trading partner for Australia? F 300 Location F 300 True or FalseA long term savings goal for most Americans is to be able to travel to Europe? F 400 False F 400 True or False If you spend more than you can afford, and go into bankruptcy, the government can take away your property F 500 True F 500 The Final Jeopardy Category is: Personal Finance Please record your wager. Click on screen to begin Which of the following would be an accurate definition of “interest” in regards to money? A.money loaned to family or friends B.money or a fee that the bank pays to use money deposited by its customers C.money that you owe on a car loan after the first five years D.activities that you enjoy doing by yourself or with friends Click on screen to continue B- money or a fee that the bank pays to use money deposited by its customers Click on screen to continue Thank You for Playing Jeopardy! MAKE SURE TO STUDY!!