The Occupational Outlook Handbook identifies current employment trends and the job outlook for many career fields.
Indicate whether the statement is true or false
Question 2Recovery is a continued rise in the price of products.
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Question 3Recession is a time of increasing unemployment, when consumers decrease spending and create fewer opportunities for businesses to sell their products.
Indicate whether the statement is true or false
Question 4A product may be a good or a service.
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Question 5The law of demand says that the amount of a product supplied is directly related to price: the higher the price, the more supplied.
Indicate whether the statement is true or false
Question 6Economic resources are also known as factors of production.
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Question 7A want is something that is required to live.
Indicate whether the statement is true or false
Question 8Economics is the social science that deals with the production, distribution, and consumption of goods and services.
Indicate whether the statement is true or false
Question 9Think of an idea or value that is important in your society. Describe how you could market that idea to your community.
Question 10What are some advantages of the global marketplace to consumers and businesses?
Question 11Compare and contrast the characteristics, technology, and values of the Industrialization Era with those of the Information Age.
Question 12In today's era of information and relationship marketing, what skills are most important for helping you get a job and move ahead in a career?