1.1 Flashcards
Demand
The willingness and ability of consumers to buy goods and services.
Economy
All of the activities related to making and distributing goods and services and I geographic area or country
Ethics
A set of moral values that people consider acceptable; the study of what is right versus wrong
Goal
A desired outcome based on one’s value for which a plan of action is carried out
Hard Skill
Measurable physical and mental abilities that allow you to complete a job
Headhunter
And employment specialist who seeks out highly qualified people to fill upper-level positions for an employer
Job Description
Describes what a job would be like, including tasks performing and skills needed
Job Interview
A face-to-face meeting with a potential employer to discuss job openings
Job Shadowing
Spending time observing a worker in a type of job that interest you
References
People who have known you and can provide information about your skill, character, and achievements
Resume
A summary of your work experience, education, skills, and interest that qualify you for a job opening
Scholarship
A gift of money or other aide awarded to a student to help pay for education
Skill Set
The unique skills and abilities that you bring to the job market
Social Network
A group of friends and acquaintances who keep in contact and share information
Soft Skills
Non-technical skills needed by most workers for success on the job
Subsidized Student Loan
Loan on which interest is not charged until the student graduates
Supply
The quality of goods and services that producers are willing and able to provide
Tuition
The expenses paid by students for the instruction at school
Value
A principle that reflects the word you place on an idea or action
Business Cycle
The alternating periods of growth and decline in the economy.
