Question

Which of these factors contribute to the income potential of a job?

a. the education required to be successful at a job
b. the amount of income a person wants to make at a job
c. the special skills needed to do a job well
d. the enjoyment a person finds in a job

Answer 1

The income potential of a job is mainly determined by the education required, the special skills needed, and market factors such as supply and demand for those skills. The correct option is a. the education required to be successful at a job

Step-by-step explanation:

Factors that contribute to the income potential of a job include the education required to be successful, the special skills needed to do the job well, and the competition in the workforce.

The more education and specialized training a person has, the better their chances of earning a higher income, as these qualifications are often in short supply and high demand.

While personal desires for income and job satisfaction can influence career choices, they do not directly determine income potential as much as market factors, education, and skills do.

Employers value employees who can meet performance expectations and have the education and training that fit the job role.

Moreover, wages are influenced by factors like supply and demand for specific talents and skills. In times of high unemployment, for example, workers might accept lower wages, affecting overall income potential. The correct option is a. the education required to be successful at a job