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Wage
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Unit 3 Vocab

This is for my economics class.

TermDefinition
Wage Money you get paid by the hour for working.
Soft skills Personal skills like teamwork and communication.
Net play Your paycheck amount after deductions.
Return on investments How much you gain or lose from an investment.
Work study program Part-time jobs for students who need financial aid.
Salary job Fixed pay, not based on hours worked.
Benefits Extras from your job, like health insurance.
FAFSA Form to get student financial aid.
subsidized loan Loan where the government pays some interest.
Economic stability When the economy grows steadily without big ups and downs.
Career incentives Rewards at work for doing well.
529 Account Savings plan for school costs.
Unsubsidized loan Loan where you pay all the interest.
Economic mobility Chance to move up or down in economic status.
Gig economy Short jobs or tasks instead of regular jobs.
Disposable income Money left after paying all bills.
Grant Free money for a specific purpose.
Debt ratio How much debt a company has compared to its assets.
Created by: user-1755053
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