| A | B |
| Independent Learning | a method or learning process where learners have ownership and control of their learning: they learn by their own actions and direct, regulate, and assess their own learning |
| Inflation | a sharp increase in the costs of goods and services |
| Informal Learning | not officially prepared, organized, or sanctioned |
| Internship | an assistant or trainee working to gain practical experience in an occupation |
| Job Shadowing | short-term experience that allows the student to follow an experienced worker and see the day-to-day activities of a particular career. |
| Lifelong Learning | the continuing development of knowledge and skills that people experience after formal education and throughout their lives |
| Loan | borrowed money you must repay with interest. |
| Local Economy | economic activities of the locale in which you live |
| Master's Degree | an academic degree from a college or university for those who complete at least one year of prescribed study beyond the bachelor's degree. |
| Military | special skills may be developed through educational programs in the armed services. |
| National Economy | economic activities belonging to or characteristic of a nation |
| On-the-Job Training | Employee training at the place of work while he or she is doing the actual job. |