Unit 3 Econ: Vocabulary

2. the position of someone who works for a company in order to gain experience or as a requirement
4. what an employer pays for an employee to do work for a set amount of time
5. money awarded to pay for education, specifically for one in a niche group of people
6. an occupation where one earns money for time spent working
7. money that is lended or given to asisst people monetarily
9. the amount of money paid to an employee for work over time.
12. a single page letter that explains why you should be hired, comes with your resume
15. the total amount of people available or currently working
16. a situation where someone learns a trade through on-site experience
17. a document that helps employers know why they should hire you
18. what employees earn after taxes and other deductions

1. when a company or individual decides to focus their skills into one catagory
3. estate passed down from a deceased family member
8. the total value of all estates and assets you own- the amount of debt you have
10. what employees earn before taxes and other deductions
11. a fund given and not expected to be repaid
13. the loss of a resource during a transaction
14. an acquired asset with the purpose of growing wealth over time