Financial Literacy
Chapter 1 Quiz Show Review
a gift of money or other aid awarded to
a student based on academic, athletic
SAT scores or financial need, to help pay
for education
the expense paid by students for the
instruction at a school
a federal loan on which interest is not
charged until the student graduates
a set of moral values that people
consider acceptable; the study of what
is right versus wrong
money given by federal government or
your college to pay for educational
expenses that does not have to be repaid
any money you receive from an outside
source to help pay for education
contact with a prospective employer
after the interview but before a person is
hired for the opening
the unique skills and abilities that you
bring to the job market
nontechnical skills needed by most
workers for success on the job
people who have known you and can
provide information about your skills,
character, and achievements
a summary of your work experience,
education, skills, and interests that
qualify you for a job opening
the job openings that are available
when you are ready to go to work
a face-to-face meeting with a potential
employer to discuss a job opening
spending time observing a worker in a
type of job that interests you
a principle that reflects the worth you
place on an idea or action
supply and demand have an inverse
relationship to one another (when
demand is high, supply is typically low
and vice versa)
Price usually follows demand (i.e. when
demand is high then price is high and
vice versa)
In a recession, all people should save
their money
To best stimulate the economy, should
you save your money in a recession or
recovery period?
If everyone stops spending their money in a recession
period, the recession gets deeper and a ripple effect
happens such as jobs are lost. It is best to spend some
of your extra money in a recession and wait until
recovery to save a lot…
And prices will be lower in a recession!!
An advantage to using social
networking for job searching is :
What is a disadvantage of using Social
Networking ?
If you post negative comments, this could
damage your job prospects as well as your
relationships
DO NOT:
 complain
 criticize
 swear
 brag