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Workplace Types and the Economy

Exploring Careers-Vocabulary

AB
workplaceWhere work is done.
business cycleEconomic activity characterized by fluctuating levels of growth and decline.
interest rateThe cost of borrowing money, usually expressed as a percentage.
job securityFreedom from the fear of losing one's job.
unemployedTo be without a job when able and willing to work.
economyThe way in which a group produces, distributes, and consumes its goods and services.
transferable skillSkills that you can use in many different situations.
career ladderAn illustration that shows a sequence of work in a career field, from entry to advanced levels.


Teacher
Lewis School
Niceville, FL

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