Sources of Income:

Question

Can you think of different ways people earn money?







Types of Work:

What are some examples of different jobs or types of work that people do?







Reasons Why Individuals Work:

Why do you think people choose to work? What do they hope to achieve through work?







Connecting Sources and Types:

How are the ways people earn money (sources of income) related to the types of work they do?









Personal Reflection:

If you were to imagine your future job, what type of work would it be, and why would you choose that job?

Answer 1

Possible answers for each question:

Sources of Income:
1. Employment - working for a company or organization and receiving a salary or wages.
2. Self-employment - running your own business or freelancing and earning income through clients or customers.
3. Investments - earning money through stocks, bonds, real estate, or other forms of investment.
4. Rent - earning income through renting out property or equipment.
5. Royalties - receiving compensation for intellectual property, such as books, music, or patents.
6. Government benefits - receiving income through social security, disability benefits, or welfare.

Types of Work:
1. Teacher
2. Doctor
3. Engineer
4. Chef
5. Retail salesperson
6. IT professional
7. Artist
8. Lawyer
9. Construction worker
10. Pilot

Reasons Why Individuals Work:
1. Financial security - to provide for themselves and their families.
2. Personal fulfillment - to pursue their passion and find satisfaction in their work.
3. Professional growth and development - to acquire new skills and advance in their careers.
4. Social interaction - to interact with colleagues and be part of a team.
5. Sense of purpose - to feel like they are making a meaningful contribution to society.

Connecting Sources and Types:
The ways people earn money are directly related to the types of work they do. For example, someone who works as an engineer will typically earn income through employment, while a musician may earn money through royalties. The type of work someone chooses will determine their source of income.

Personal Reflection:
Answer will vary depending on individual preferences and aspirations.