Chapter 1 flash cards
(20 cards)
The quantity of goods and services that producers are willing to provide.
Supply
A plan based on values or desired outcomes
A goal
The sum total of business activity within an area.
Economy
Nontechnical skills
Soft skills
A document that gives details to a specific job.
Job description
The willingness and ability of consumers to buy products and services.
Demand
Name given to a particular job
Job title
Money received from an outside source to help pay for education.
Subsidized student loan.
Specific tasks and procedures a person can do to complete a job.
Job skills
Wide variety of jobs
Job market
A principle that reflects the worth you place on an idea or action.
Value
A government loan on which interest is not charged until after graduation.
Financial aid
Charge for instruction at a school
Tuition
Person who studies the economy.
Economist
Gift of money or other aid made to a student to help pay for education
Scholarship
A computer program that searches the internet to find job listings that meet certain criteria
Job scout/agent
Money paid for the use of money
Interest
A system of moral values that people consider acceptable.
Ethics
A worldwide network
Internet
Ability to perform technical tasks and procedures.
Hard skills
