Chapter 1 Quiz

What is the most important skill in the workforce today?

• Teamwork

• Communication

• Collaboration

• Team Leading

A principal that reflect the worth YOU place on an idea is called

• Value

• Goal

• Concept

• Encouragement

Informal education happens outside the classroom, where does formal education happen?

• On the job

• In the classroom

• Professional Development

Unemployment usually hurts which group the most?

• Less than a High school diploma

• High school diploma

• Bachelors Degree

• Graduate Degree

What type of economy does the US have?

• Market Economy

• Barter Economy

• Basic Economy

• No Economy

What is the highest point in the business cycle?

• Peak

• Trough

• Decline

• Incline

What is the lowest point in the business cycle?

• Trough

• Peak

• Incline

• Decline

If you had to get a loan to pay for school, which one should you get?

• Subsidized

• Unsubsidized

A one-page document that spells out your work experience, schooling, and awards is called?

• Diploma

• Certificate

• Resume

Should I get a taper or fade?

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