Wednesday, 19 November 2014

3º - Vocabulary Unit 4

Reminder: You should know translation and pronunciation of each word/ concept.
We will check them by the end of this Unit.

automated production
barter
capital
capitalism
capitalist
cheque
collective bargaining
communist (or centrally-planned)
confederation of employers
consumer rights
cooperative
cyclical unemployment
direct tax
distribution
economic activity
economically active population
economically inactive population
employed
employer
financial capital
finished products
forms of payment
free competition
goods and services
indirect tax
know-how
labour
labour union
law of supply and demand
limited company
management
manual production
mechanical production
monopoly
non-renewable
oligopoly
private ownership
production
productivity
profit
progressive tax
regressive tax
renewable
research and development (R&D)
seasonal employment
self-employed worker
sole proprietorships
state-owned company
structural employment
subsistence system
technological
unemployment
telework
underground economy
unemployed
wages
work for an employer
workers’ representative
works council

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