Personal Finance Chapter 2 Vocabulary

Question 1

A commitment to work in a field that you find interesting and fulfilling.

Answer 1

Career

Question 2

A measure of the quality of life based on the amount of things you can purchase.

Answer 2

Standard of Living

Question 3

The amount of money you may earn over a lifetime

Answer 3

Potential Earning Power

Question 4

A set of questions that can help you identify activities you enjoy doing and match them with potential careers.

Answer 4

Interest Inventories

Question 5

Ways in which groups of people change over time.

Answer 5

Demographic Trends

Question 6

Programs that combine classroom instruction with work related to it.

Answer 6

Cooperative Education

Question 7

A way of making and using contacts to get job information and advice.

Answer 7

Networking

Question 8

A short summary of your education, training, experience, and qualifications.

Answer 8

Resume

Question 9

A retirement plan option that is funded, at least in part, by an employer.

Answer 9

Pension Plan

Question 10

A document provided that states both why you want a job and why you feel you’re qualified for a job.

Answer 10

Cover letter