9212 VA CH19 1/21/06 11:17 AM Page 19 Name Class Date ...

[Pages:5]Name

Class

Date

19 CHAPTER

Vocabulary Activities

Managing Money

INTERPRET In the space provided, write the vocabulary term or phrase that correctly answers each question.

1. What type of credit is used for an item that will be paid off in a few weeks or months?

2. What is the term for property that is used to guarantee that a loan will be repaid?

3. What type of banks are for people who work for the same company?

4. What do we call the funds that consist of many different stocks? _________________ 5. What is the way of saving in which the saver invests a certain amount of money for a

specified period of time?_________________________________________________

IDENTIFY In the space provided, write the vocabulary term or phrase next to its definition.

______________________ 6. Amount a policyholder pays to an insurance company

______________________ 7. Coins and paper money

______________________ 8. Legal declaration that a person cannot repay his or her debts

______________________ 9. Deducting the interest on a loan in advance

______________________ 10. The rate of interest the Federal Reserve charges member banks

______________________ 11. The people employed by brokerage houses

______________________ 12. A system of spreading risks over large numbers of people

______________________ 13. The person named in a life insurance policy to receive money when the policyholder dies

______________________ 14. Government programs that are meant to protect individuals from future hardship

______________________ 15. The federal government program that helps states pay the medical costs of people with low incomes

Copyright ? by Holt, Rinehart and Winston. All rights reserved.

Holt Civics

19

Vocabulary Activities

Name

Class

Date

19 CHAPTER

Guided Reading Strategies 19.1

Personal Finances

READING THE SECTION As you read the section, fill in the blanks with the correct term to complete each statement.

1. A term used for coins and paper money is

.

2. Mints that make coins for general circulation are located in both

and

.

3. A written and signed order to a bank to take money from a person's account is a

.

4. A(n) person's checking account.

is used like a check to deduct money from a

5. Similar to charge cards, stores.

can be used at a variety of

6. Borrowing for a home or vehicle would be examples of

.

7. Borrowing with the intention of paying for the item within a few weeks or months is

an example of

.

8. or her debts.

is the legal declaration that a person is unable to pay his

9.

are the people or businesses to whom money is owed.

10. The wise use of credit by individuals, families, and businesses helps the

overall.

POST-READING QUICK CHECK After you have finished reading the section, write a paragraph for a newspaper column on how to avoid bankruptcy and overextending your finances.

Copyright ? by Holt, Rinehart and Winston. All rights reserved.

Holt Civics

60

Guided Reading Strategies

Name

Class

Date

19 CHAPTER

Guided Reading Strategies 19.2

Personal Finances

READING THE SECTION As you read the section, fill in the missing information to complete the chart on financial institutions.

FINANCIAL INSTITUTION

DESCRIPTION

SPECIALIZATION

1.

2. 3.

4.

POST-READING QUICK CHECK After you have finished reading the section, answer the following questions in the spaces provided.

1. What is the Federal Reserve System? What are its purposes?

2. What steps would a business owner take in order to get a bank loan?

Copyright ? by Holt, Rinehart and Winston. All rights reserved.

Holt Civics

61

Guided Reading Strategies

Name

Class

Date

19 CHAPTER

Guided Reading Strategies 19.3

Personal Finances

READING THE SECTION As you read the section, fill in the blanks with the correct term to complete each sentence.

Most families try to save money for unexpected expenses. There are a number of ways to

save money. Putting a regular amount in

can earn interest

for the depositor, and banks generally require a small minimum balance on this type of

account. When people put a specific amount of money in a financial institution for a

certain time period, they are investing in

. Certificates of

debt issued by the government, or

, earn interest from the

government when they reach maturity. Stocks are another way to save and can be

purchased over the Internet or from a

, a person who

is employed by a brokerage house. Brokerage houses are members of a

. Buying stocks involves more ________________ than

many other types of savings. Many people buy

because they

are less risky than regular stock purchases.

are mutual funds

that buy short-term bonds. Money can be withdrawn from these funds at any time, but

this type of investment is not insured by the

. Saving money

is not necessarily investing money. Investing money involves earning interest. When you

invest your money it is used for expansion in the

. People

want to feel that their money is safe in financial institutions, which is one reason why all

banks must receive a to operate.

from the state or federal government

POST-READING QUICK CHECK After you have finished reading the section, name the agency that the federal government established during the 1930s to regulate the stock exchange and explain its function.

Copyright ? by Holt, Rinehart and Winston. All rights reserved.

Holt Civics

62

Guided Reading Strategies

Name

Class

Date

19 CHAPTER

Guided Reading Strategies 19.4

Personal Finances

READING THE SECTION As you read the section, match the correct definition with each term by wrtiting the correct letter in the space provided.

______ 1. insurance ______ 2. premium ______ 3. private insurance ______ 4. beneficiary ______ 5. disability income

insurance ______ 6. social insurance ______ 7. Social Security ______ 8. Medicare ______ 9. Medicaid

a. voluntary insurance to cover unexpected losses

b. system of spreading risks over large numbers of people

c. government insurance program that pays money to the states to pay for medical costs of low-income people

d. payments to replace lost wages when a person cannot work due to a partial or total disability

e. person named in the policy to receive the money when the policyholder dies

f. three-part government insurance program that was set up during the Great Depression

g. government programs that are meant to protect citizens from future hardships

h. amount a person pays to an insurance company for protection

i. government medical insurance program for Americans over 65

POST-READING QUICK CHECK After you have finished reading the section, answer the following questions in the spaces provided.

1. How do insurance companies cover the losses of policyholders when they only collect low premiums?

2. How could a major natural disaster cause a problem for insurance companies?

3. What are the three parts of the Social Security program? How is the program funded?

Copyright ? by Holt, Rinehart and Winston. All rights reserved.

Holt Civics

63

Guided Reading Strategies

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download