| Question |
 |
|
| Answer |
|
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| a careful plan for spending or saving money received within a certain amount of time |
budget |
| the result of a decision; a logical conclusion |
consequence |
| an arrangement for making payment for a purchase later |
credit |
| owing money for items or services purchased on credit |
debt |
| the act of making up one's mind |
decision-making |
| the idea that people can invest money in a business to try to earn a profit |
free-enterprise |
| total income before taxes are deducted |
gross income |
| a certain sum of money that will be paid in case of loss by events such as flood, fire, accident, theft or death |
insurance |
| a charge for a loan, usually a percentage of what is borrowed |
interest |
| a person's preferred activities or hobbies |
interests |
| income after all taxes have been deducted |
net income |
| the next best alternative given up when a choice is made |
opportunity cost |
| the chance of losing, failing or getting hurt |
risk |
| the special qualities each person has, including skills, interests and values |
self-knowledge |
| a person's talents or abilities |
skills |
| a person's beliefs and ideals |
values |
| a classification of all jobs into one or more of four categories: People, Data, Things, Ideas |
world of work |
HHS Shrek
