The gradual reduction in the value of an asset (or a debt) over time
Starts with
B
The annual process through which a government or company sets out its spending plans and tax measures or .expenses and earnings
Starts with
C
A raw material, such as oil or copper, that is usually traded in bulk.
Starts with
D
Money borrowed from someone else, whether a bank, a company or a person
Starts with
E
Those countries within the European Union that have adopted the euro as their currency.
Starts with
F
When everyone who wants a job at prevailing wages can find one.
Starts with
G
The tendency for national economies to become integrated with each other, through the movement of goods and services, capital and people.
Starts with
H
The skills and brainpower of workers.
Starts with
I
The flow of money to the factors of production, labour, land, capital...
Starts with
J
A process that aims to keep down costs and reduce waste by producing items only when ordered (rather than in advance) and by keeping inventory levels down.
Contains
K
The possibility that events might not turn out as expected.
Starts with
L
A term used for both a factor for production and for the organised representatives of the working classes
Starts with
M
An hourly pay rate for workers, set by law, with the aim of reducing poverty and protecting workers from exploitation.
Starts with
N
The takeover by the state of private businesses.
Starts with
O
When a few firms control a market.
Starts with
P
The 80% of earnngs is owned by 20% of the population
Starts with
Q
A measure of how many people leave their jobs voluntarily, rather than being laid off or fired
Starts with
R
Measures of the riskiness of a financial instrument
Starts with
S
Income that, instead of being consumed, is set aside for future use.
Starts with
T
A necessary condition for much economic activity; suppliers must trust that their customers must pay them and customers must trust that the goods they buy are satisfactory.
Contains
U
Those goods and services that are available to meet demand.
Starts with
V
A measure of risk in the financial markets. In its simplest terms, it is how much an asset price tends to go up and down.
Starts with
W
The amount of money that is regularly paid to them for the work that they do
Contains
X
a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Contains
Y
Being out of work when you want a job.
Contains
Z
This French term refers to the idea that governments should leave the economy alone as much as possible, and should allow free trade.
Crear
