quiz show
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Quiz Show. Financial Literacy Chapter 1 Quiz Review. a gift of money or other aid awarded to a student to help pay for education. Scholarship. the expense paid by students for the instruction at a school. tuition. a loan on which interest is not charged until the student graduates. - PowerPoint PPT PresentationTRANSCRIPT
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Quiz ShowFinancial Literacy
Chapter 1 Quiz Review
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a gift of money or other aid awarded to a student to help pay for education
Scholarship
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the expense paid by students for the instruction at a school
tuition
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a loan on which interest is not charged until the student graduates
subsidized student loan
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a set of moral values that people consider acceptable; the study of what is right versus wrong
ethics
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money given by government or school to pay for educational expenses that does not have to be repaid
grant
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any money you receive from an outside source to help pay for education
financial aid
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contact with a prospective employer after the interview but before a person is hired for the opening
follow-up
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the unique skills and abilities that you bring to the job market
skill set
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nontechnical skills needed by most workers for success on the job
soft skills
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people who have known you and can provide information about your skills, character, and achievements
references
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a summary of your work experience, education, skills, and interests that qualify you for a job opening
resume
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the job openings that are available when you are ready to go to work
job market
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a face-to-face meeting with a potential employer to discuss a job opening
job interview
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spending time observing a worker in a type of job that interests you
job shadowing
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a principle that reflects the worth you place on an idea or action
value
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TRUE or FALSE?TRUE or FALSE?supply and demand have an inverse relationship to one another (when demand is high, supply is typically low and vice versa)
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TRUE or FALSE?TRUE or FALSE?Price usually follows supply (i.e. when supply is high then price is high and vice versa)
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TRUE or FALSE?TRUE or FALSE?In a recession, people should save even more of their money
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references
soft skills
hard skills
financial aid
grant
federally gifted money for education you do not have to repay
examples: CPR, plumbing repair, performing surgery, accounting
People who vouch for you – put on your resume
examples: communication, leadership, computers,
organization, ANY outside source of funding
for your education
Match the terms with the descriptions:
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To best stimulate the economy, should you save your money in a recession or recovery period?
save in a recovery period
If everyone stops spending their money in a recession period, the recession gets deeper and a ripple effect happens such as jobs are lost. It is best to spend some of your extra money in a recession and wait until recovery to save a lot
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An advantage to using social networking for job searching is :
• rapid response • up to the minute information• Wide range of sources
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What is a disadvantage of using Social Networking ?
Your prospective employer can search for you and find out more
about youIf you post negative comments, this could damage your job prospects as well as your
relationshipsDO NOT:
complain criticize swear brag