1.+Introduction

== = = =JA Worldwide is the world’s largest organization dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs. Junior Achievement programs help prepare young people for the real world by showing them how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Students put these lessons into action and learn the value of contributing to their communities.= = = = = media type="custom" key="5517951" =Enduring Understanding=

Individual citizens make economic decisions that impact them and their world.

=Essential Questions=

How can one person impact the economy? What types of financial choices and challenges do people face?

=Essential Vocabulary=

__**applicant:**__ A person who applies for a job.
 * __supply__**: The amount of goods or services a business provides.
 * __demand__**: The desire and willingness to own anything and the ability to pay for it.
 * __opportunity cost__**: The value of the next best alternative given up when a choice is made.
 * __economic decision making__**: financial decisions made after evaluating all alternatives.
 * __free enterprise__**: A system in which economic decisions are made in markets by people and businesses, with little government influence.
 * __employer__:** A person or business that hires one or more people, usually for a salary.
 * __employee__:** A person who works for an employer.