Economics unit 11 0.0 / 5 ? Economicseconomics GCSENone Created by: el765Created on: 02-10-17 19:41 4321 Across 1. etirement is around 60-65 . This is when people can cease paid work as they will recieve a state pension and possibly an additional pension from their employer. if the person has made some savings earlier on in their life, they can use them to pay fo (3, 3, 10) Down 2. ndependent now and arent living with your parents, you have a bit more income and are in the process of gaining qualification to find a better paid job. the better qualification you have means that the more likely you are to find a better paid job. b (5, 5) 3. going through promotion where you get to a higher ranking job in the organisation. promotion allows the people to have more disposable income and be able to spend more on goods and services. they could choose to spend their income at this point or sa (6, 5) 4. stages of your life as you grow older and your spending habits change. (8, 9)
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