Workplace and Economic Concepts

Front

Ergonomics

Back

The study of the relationship between people and their work environment; includes ways to make tasks easier and more natural.

Front

Americans with Disabilities Act

Back

Federal legislation affecting the way office environments treat disabled people.

Front

OSHA

Back

The agency that handles complaints about workplace safety.

Front

Job Application

Back

A document that includes questions an employer would like answered by the applicant.

Front

Negotiable

Back

Best to put on a job application if asked for an expected wage.

Front

Cover Letter

Back

A one-page document traditionally submitted with your resume when applying for a job.

Front

Scarcity

Back

The basic economic problem resulting from limited resources and unlimited wants.

Front

Opportunity Cost

Back

The value of the next best alternative given up for the alternative that was chosen.

Front

Trade-off

Back

Sacrificing one good or service to purchase or produce another.

Front

System where the government controls the factors of production and makes all decisions about their use.

Back

Command economy