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Chapter 3

QuestionAnswer
service industry Businesses that sell services
technology Application of scientific discoveries to product goods and services.
job market The number and types of jobs available.
aptitude An ability to do something well
automation The use of machines to produce goods and services.
profit Income-producing work
demand People wanting and being willing to pay for certain products and services create this.
obsolete. Products no longer produced because they have been replaced or improved are this.
supply The amount of a particular product or service that a business produces.
innovation New or improved goods or serivces.
solvent The ability ot pay buisness depts.
interest Something that should be matched with your aptitudes to assist in carer planning.
Entrepreneurs People who attempt to make a profit by starting their own businesses
Created by: painchaud_n
 

 



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