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Key Terms and Defintions Chapter 1

AB
DemandThe willings and ability of consumers to buy products and services
EconomistA person who studies the economy and tries to predict what will heppen, using current and projected data
EconomyThe sum total of business activity within an area
EthicsA system of moral values that people consider acceptable
Financial aidMoney received from an outside source to help pay for education and training
GoalA plan based on vlaues or desired outcomes
Hard SkillsThe ability to perform technical tasks or procedures
InterestMoney paid for the use of money, as in the cost of a loan
InternetA worldwide network of computers that can share information
Job DescriptionA document that details job tasks, hours worked, skills, education, and experience needed for a job
Job MarketThe wide variety of jobs and careers that exist at one point in time
Job Scout or AgentA computer porgram that searches the Internet to find job lists that meet certain criteria and returns those listings to the user
Job SkillsSpecific tasks or procedures a person can do to complete a job
Job TitleA name given to a particular job
ScholarshipA gift of money or other aid made to a student to help pay for education
Soft SkillsNon technical skills such as leadership or the ability to communicate clearly
Subsidized student loanA government loan on which interest is not charged until after graduation
SupplyThe quantity of goods and services that producers are willing and able to provide.
TuitionThe charge for instruction at a school
ValueA principle that reflects the worth you place on an idea or action


Computer Design
Johnson Junior High School
Las Vegas, NV

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