1 | Banking industry | | _____ | a type of organisation that is not run for profit, but also is not part of the government. |
2 | Capacity building | | _____ | that part of the economy run by individuals or groups, rather than the government, to make a profit. |
3 | Charity sector | | _____ | banks, buildings societies and other businesses that offer financial products and services; part of the private sector. |
4 | Communist economy | | _____ | that part of the economy that comprises national and local government, and the services provided by government, such as education, healthcare, the military and the police. |
5 | Corporate social responsibility (CSR) | | _____ | profit after corporation tax is paid. |
6 | Corporation tax | | _____ | an economy( of which the UK is an example, as are the economies of most countries in the world) that falls between the extremes of a communist economy and a free-market economy. |
7 | Economic downturn | | _____ | business self-regulation that drives a company to act in an ethical manner – ie to make socially responsible decisions, such as recycling or reducing its pollution. |
8 | Economic growth | | _____ | the idea that individuals and organisations have a duty to act in a way that is best for society as a whole. |
9 | Free-market economy | | _____ | the rate at which prices are increasing. |
10 | Full employment | | _____ | the value of sales that a business makes in a year. |
11 | Gross domestic product (GDP) | | _____ | a period of economic decline during which income and production fall overtime. |
12 | Gross profit | | _____ | making donations to a specific charity as deductions directly from a salary. |
13 | Inflation rate | | _____ | profit before corporation tax is paid. |
14 | Mixed economy | | _____ | the difference between the price for which a product sells and the cost of making and selling it. |
15 | Net profit | | _____ | a type of market economy in which private individuals and companies make decisions, motivated by profit, without government interference. |
16 | Non-governmental organisation (NGO) | | _____ | the total value of all goods made and services provided by a country in a year. |
17 | Payroll giving | | _____ | a period during which economic activity slows down, potentially leading to a recession. |
18 | Price | | _____ | making local communities self-sustaining. |
19 | Price stability | | _____ | an increase in the output or production of a country, as measured by incomes and sales. |
20 | Private sector | | _____ | that part of the economy that is made up of non-governmental, non-Corporate bodies, such as charities, community groups and social enterprises. |
21 | Profit | | _____ | a type of market economy in which government makes all of the decisions. |
22 | Public sector | | _____ | an enterprise that aims to increase social well-being rather than to make money, but which can be either not for profit or for profit. |
23 | Recession | | _____ | when everyone in a country who is willing and able to work in paid employment has a job(in practice, classed by the UK government as an unemployment rate of 2% or less). |
24 | Social enterprise | | _____ | charities and other non-governmental organisations that are run not for profit, but for the good of society. |
25 | Social responsibility | | _____ | a tax that a business pays on its profits. |
26 | Third sector | | _____ | the percentage of the work force that is of employment age and actively looking for a paid job. |
27 | Turnover | | _____ | the purchase price of a good or service. |
28 | Unemployment rate | | _____ | keeping inflation low. |