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Business and industry
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a method of paying for goods or services at a later time, usually paying interest as well as the original money
Credit
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a period when the economy of a country is not successful and conditions for business are bad
Recession
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an industry that provides a service for people but does not result in the production of goods
Service industries
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the total amount by which money spent is more than money received
Deficit
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relating to or involving people in general, rather than being limited to a particular group of people
Public
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a situation in which a business spends more money than it earns
Loss
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a general, continuous increase in prices
Inflation
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the control and organization of something
Management
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to begin to have, use, or do something
Take on
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to take a particular amount away from a price, value, etc
To knock of
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money that is earned from doing work or received from investments
Income
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an amount of something that is available for use
Supply
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an industry that manufactures goods rather than producing raw materials, or these industries considered as a group
Secondary industries
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relating to people who work in offices, doing work that needs mental rather than physical effort
White collar
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the activity of selling goods to the public, usually in shops
Retail
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a product that you sell in another country, or the business of sending goods to another country in order to sell them there
Exports
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the use of machines and computers that can operate without needing human control
Automation
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an occasion when a company stops employing someone, sometimes temporarily, because the company does not have enough money or enough work
Lay off
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an amount of something produced by a person, machine, factory, country, etc
Output
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a need for something to be sold or supplied
Demand for sth
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the ordinary workers in a factory, or the place where they work
Shop floor
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