Personal Financial Literacy: Exploring Career Options

Mean

An average.

Career

An occupation or profession that usually requires special training.

Everyone should try to be an NFL quarterback because they earn so much money.

False

Select all of the factors that affect income.

- skills - supply and demand - education - experience

Salary

A fixed amount of money periodically paid to a person for work.

Occupation

A person's usual work or business; a way of earning a living.

Wages

Money received for work.

Supply

The amount available.

Demand

The desire or need for a product or service.

Income

The money received for work, products sold, and from other sources such as rent or investments.

A job that is in demand is a job with a good outlook.

True

Supply and demand affect career wages.

True

Money received for work is/are ---.

wages