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Chapter 1 Assessment

Total questions: 15

Worksheet time: 4hrs 45mins

Name
Class
Date
1.

A summary of your work experience, education, skills, interests, and other qualifications (your skill set) that qualify you for a job.

a)

resume

b)

cover letter

c)

follow up

2.

What's the unique skills and abilities that you bring to the job called?

a)

hard skills

b)

soft skills

c)

skill sets

3.

The willingness and ability of consumers to buy goods and services.

a)

ethics

b)

business cycle

c)

demand

4.

The job openings that are available when you are ready to go to work.

a)

skills set

b)

goal

c)

job market

d)

value

5.

What is a market economy?

a)

the alternating periods of growth and decline in the economy

b)

An economy based on laws of supply and demand

c)

money received from an outside source to help pay for education

6.

A person you know.

a)

social network

b)

contact

c)

entrepreneur

7.

Spending time observing a worker in a type of job that interests you.

a)

job interview

b)

entrepeneur

c)

job shadowing

8.

Learning new skills on your own by reading and practicing.

a)

goal

b)

self training

c)

value

d)

job description

9.

Nontechnical skills needed by most workers for success on the job.

a)

goal

b)

hard skills

c)

soft skills

d)

job description

10.

Described what a job would be like, including performed tasks and skills needed.

a)

goal

b)

job market

c)

value

d)

job description

11.

A person who operates a business or businesses, taking on greater than normal risks to do so.

a)

entrepreneur

b)

contact

12.

A cash allowance awarded to a student to help pay for education

a)

tuition

b)

supply

c)

scholarships

d)

financial aid

13.

What is a student loan on which pays no interest until they have graduated?

a)

direct subsidized loan

b)

direct unsubsidized loan

14.

A set of moral values that people consider acceptable.

a)

demand

b)

ethics

c)

economy

15.

All of the activities related to making and distributing goods and services in a geographical area or country

a)

ethics

b)

business cycle

c)

economy