Unit 4 economy

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Departamento de Geografía e Historia

UNIT 4. THE ECONOMY. KEYS FOR THE EXAM (you have to know…): -

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Define: •

Economic activity:

Franchise Chain (Franquicia):

Economy:

Union (Sindicato):

Capital:

Collective Bargaining Agreement

Economic system:

Stock:

Grant/Subsidy (Subvenciones):

Production:

Stock Market (mercado de valores):

Economic agents:

Globalization:

Company:

Offshoring (deslocalización):

Benefit:

GDP (PIB):

Multinational:

Inflation:

SMEs (PyMES):

Outsoucring (subcontratar):

(Convenio Colectivo):

Define and compare: •

Consumer goods and capital goods.

SA and SL:

Direct and indirect taxes:

Freelance (autónomo) and salaried job.

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Resume, in an outline, the economic factors.

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Resume in a table the features of the three economic systems.

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Identifies examples of consumer goods and capital goods:

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Identify the factors of production in an image.

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Identify what economic system belongs an example.

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Identifies examples of active and inactive population.

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List the main consumer rights.

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Lists the role ind the economy made by family, companies and state.

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Lists the current changes on the labor market.

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List the main problems of the economy and of globalization.

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List the organizations that drive the global economy.

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Explains, in his words, the law of supply&demand and give examples.

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Valora/ explains the usefulness of taxes.

José Carlos Núñez Vidal


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Unit 4 economy by KATA NÚÑEZ VIDAL - Issuu