Chapter 4 Review Worksheet Finances and Career Planning Review Worksheet Directions – Complete the review below by working with a partner to discuss each question (do not simply assign questions for each person to complete). Use should use this worksheet as one of your study tools (class notes and activities) when preparing for the test. It is up to you to ASK if you have questions. Vocabulary and Concepts • Cooperative Education •
Interest Inventories •
Standard of Living •
Potential Earning Power •
Aptitude Test •
Career vs Job •
Internship •
Networking •
Resume (Skill and Chronological) and Cover Letter •
Demographic Trends (impacting careers) •
Importance of Informational Interview •
Sales Tax, Property Tax, Income Tax •
W-­‐4 and W-­‐2 Forms •
Tax Brackets Critical Thinking Questions 1. How can potential earning power impact your career training and skill development? 2. Identify the importance of considering external influences when thinking about your career choice. 3. How can geographic trends impact employment/your career? 4. What is the relationship between cost of living and salary. 5. What is job outlook? Why is it an important factor to consider in career planning? 6. Explain the value of work experience (paid vs non-­‐paid).