Job Market Basics
This term describes the metaphorical place where job seekers and employers meet.
This document explains what a job involves and what qualifications are needed.
What is a job description?
This type of economy determines prices and production through supply and demand, not government control
What is market economy?
This is equivalent to a high school diploma.
BONUS 500 points if you can tell me what the acronym stands for
GED
General Education Development
Runnin a business on your own
What is entrepreneurship?
These are specific, teachable abilities that you can measure, such as typing speed or language proficiency.
What are hard skills?
This combination of hard and soft skills that a person possesses.
What is skillset?
According to this economic principle, when price goes up, quantity demanded goes down.
What is the law of demand?
This 4-year college degree comes after high school but before a master's degree.
What is a bachelor's degree?
Entrepreneurs hope to make this by taking risks to create new products or services.
What is a profit?
Communication, teamwork, and problem-solving are examples of this type of skill.
What are soft skills?
If someone want to know how much money you make per yer, they are asking you for your _______________ ______________.
What is annual salary?
This economic cycle consists of four phases: peak, recession, trough, and expansion.
What is the business cycle?
This type of financial aid for education doesn't need to be paid back and is often based on
What is a scholarship?
What is the bar exam?
This type of communication includes body language, facial expressions, and tone of voice.
What is non verbal communication?
1. When something absolutley has to be on your resume to get a jobs its _________________.
2. When you will still be considered for the job even though you don't have this skill but they would like you to have the skill, that skill is ________________.
What is required?
What is preferred?
This phase of the business cycle represents the lowest point before the economy starts growing again.
What is the trough?
This type of financial aid is similar to scholarships but is often based on financial need rather than merit.
What is a grant?
How many 4 year universities are in New Jersey?
31
You can go on this website and find out everything you want to know about a specific career path. You had an assignment earlier in the year where you have to go on this website and do research about a career path you were interested in.
What is the occupational outlook handbook?
Which level of education is the basic requirement for most jobs in the world?
What is a high school diploma
This is a term used for a phase in the economy where banks have little to no money and people do not have jobs at all. It's the nick name if a point in time in history but its not the recession.
What is the "great depression"?
List the levels of education in order
This is X2
What is Highschool diploma, Associate's , Bachelors, Masters , Doctorates
What is the highest paying career path in the world?
What is entrepreneurship?