personal finance

Section 7 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is a lifestyle? (0.5 points) A way of living that shows the beliefs and opinions of a person or group of people.
2. What is the process of earning your income sometimes called? (0.5 points) Earning a living

3. Name at least two industries. (1.0 points)
Extractive industry and Primary Industry 4. What is an internship? (0.5 points) A temporary job that helps you gain workplace skills and see what working at a particular company is like.
5. What is a career aptitude test? (0.5 points) An exam that asks questions about activities you enjoy, skills you have, tasks you dislike, and many other things.
Lesson 2 (3.0 points) 1. What are classifieds? (0.5 points)

A section in a newspaper or online where employers can post available jobs.

2. What is telecommuting? (0.5 points)

When an employee is allowed to work from a location other than the company's location.

3. What information should a resume provide? (0.5 points) Contract information, objective, employment history, education, technical skills, strengths, hobbies/interests

4. What is a cover letter? (0.5 points)
A short letter from a job application that gives additional information about their qualifications for and interest in the job.
5. Name at least two finance careers. (1.0 points)
Accountant and Risk Manager

Lesson 3 (3.0 points) 1. What is pessimism? (0.5 points) When a person looks at something unfavorably and predicts a bad outcome.

2. What is conformity? (0.5 points)
The ability to change your attitudes, behaviors, and beliefs so that they match the expectations of those around you.
3. What might you consider when you’re studying the dynamics of a group? (0.5 points)

How the group communicates.
How tasks are assigned or divided up. How focused the team is on their work. The strengths and weaknesses of individual team members and the group as a whole. 4. What is active listening? (0.5 points)

When you are fully engaged and participating as a listener.

5. What is a stereotype? (0.5 points) An oversimplified or inaccurate assumption that is shared by a group of people.
6. What is professional development? (0.5 points) The development of skills, knowledge, and experience that will help you advance in your career.