Study

The economy

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  • What is the meaning of expenses?
    The money going out--> GASTOS
  • Low order products are those that are cheap and we buy them frequently. True or false?
    True
  • In the COOPERATIVES, the employees are all owners of the company and they vote to take important decisions. True or false?
    True
  • .......% of the working population in Spain works in the primary sector.
    4
  • What are high-order products?
    Those products that are expensive and we don't buy them very often.
  • .......% of the working population in Spain works in the secondary sector.
    20
  • What is a budget? Which 2 parts does it contain?
    A budget shows the income and the expenses of a family on a period of time (a month, a year..)
  • What is a LOAN? and a MORTGAGE?
    préstamo, hipoteca
  • What is this?
    Billboard
  • The ................................is responsible for transforming raw materials into...................... This takes places in .....................or workshops.
    secondary sector/ manufactured (elaborated) goods/ factories
  • The country with the biggest economy in the EU is................
    Germany
  • What is a multinational ? What is the CEO?
    A large company that operates in many countries. The director of the company.
  • Advertisements can appear on:......................., ............................, ................................ and in the street.
    the internet, print media, television
  • When companies advertised their products intentionally in a film, it is called: broadcast or product placement?
    product placement
  • If a family has and income of 1900 € and expenses of 750 €, how much money do they save at the end of the month? TOTAL SAVINGS?
    1150 €
  • The ..................................consists of activities that sell products or............................such as (3 examples):..................., .............................. and ..............................
    tertiary sector/ provide services
  • When you borrow money from the bank (a loan), the money that you have to pay back to the bank is lower/ higher than the initial amount. WHY?
    Higher, because of the interest.
  • Say 3 examples of activities in the primary sector.
    farming, fishing, forestry, mining...
  • What is the meaning of income?
    The money coming in --> INGRESOS
  • The................................is responsible for obtaining raw materials from nature.
    Primary sector
  • .......% of the working population in Spain works in the tertiary sector.
    76
  • If you are SELF-EMPLOYED, you are the boss. You decide where, when and how to work. True or false?
    True
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