Economy and Working Teens
A system made up of consumers, businesses, and institutions that produce and consume goods and services.
What is the economy?
A system where workers who have been at a company the longest are the last to be laid off during difficult economic times.
What is the seniority system?
This theory focuses on small, everyday interactions rather than large systems like laws or institutions, meaning it operates at this scale of analysis.
What is microsociological?
Borrowing money now and paying it back later is known as this.
What is credit?
In this theory, other people act as this object, reflecting how we see ourselves.
What is a mirror?
The economy can still exist at this level, including a nation, region, or even this smaller unit.
What is a family?
This economic event in 2008 led to a major loss of jobs among young workers.
What is a recession?
In this theory, people respond to situations based on this, rather than reacting directly to reality itself.
What is meaning?
The total amount of money that a person or household owes is called this.
What is debt?
According to this definition, a person develops their sense of self by interpreting how others see and judge their behaviour and appearance.
What is self-image?
A teen chooses to limit their work schedule during the school year to avoid negative academic outcomes, staying within this recommended weekly hour range.
What is 15-20 hours/week?
This group stayed in the workforce longer than expected, which contributes to fewer job openings for young workers.
What are baby boomers?
The process of putting ourselves in another's shoes, imagining how they see us and adjusting our behaviour accordingly is called this.
What is role-taking?
A major benefit of using credit responsibly is that it helps build this important financial record.
What is a credit history?
The idea that identity is influenced by how others react, impacting confidence, behaviour, and self-esteem, explains why this type of interaction is important in shaping who we are.
What is social interaction?
Jobs commonly held by teens in Canada, including service, retail, and this type of office-related work.
What is clerical work?
The long-term effect where even a small increase in youth unemployment can significantly reduce future earnings refers to this type of impact.
What is a decrease in salary?
The spontaneous and impulsive part of the self that acts in the present moment is known as this.
What is the "I"?
This type of debt makes up about 75% of household debt in Canada.
What is mortgage debt?
A student feels more confident after receiving positive reactions from classmates, showing how this aspect of identity is influenced by others.
What is self concept?
The idea that jobs can shape a person's position in society and influence how others see them reflects this important role of employment.
What is social status?
Entering the workforce during an economic downturn can shape a person's expectations, causing them to view this as normal at the start of their career.
What are low starting wages?
When a person considers society's overall expectations, values, and norms rather than specific individuals, they are thinking from this perspective.
What is the generalized other?
According to the Bank of Canada, carrying large or long-lasting balances can make borrowers more likely to have these in the future.
What are missed payments?
When a person changes how they act in order to fit in with others or meet expectations, it shows the influence of this factor on identity.
What are social expectations?