CHAPTER 3: The Economy
KEY WORDS
1) JOIN COLUMNS:
| 1- Bens e mercadorías | e- goods and commodities | 8-merchandise or possessions,freight. A raw material or agricultural product that can be bought and sold. |
| 2- Recursos naturais e materias primas | c- Natural resources and Raw materials | 4-the things we use that are provided in the natural environment e.g. water, minerals, fuels, soil and so on. |
| 3- Beneficio | k- profit | 1-a financial gain, especially the difference between an initial outlay and the subsequent amount earned |
| 4- Servizos | m- services | 3- activities that do not produce or modify goods, they include education, health care, transport, tourism… |
| 5- Hipoteca | b- mortgage | 5- a legal agreement by which a person takes out a loan using as security real property (usually a house which is being purchased) |
| 6- Acción | g- share | 2- any of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits. |
| 7- Globalización | n- Globalization | 9- It can be described as a process by which the people of the world are unified into a single society and function together. |
| 8-Producto Interior Bruto (PIB) | i- Gross Domestic Product (GDP) | 11- the total summed value of the output in a country for a year |
| 9- Bolsa | d- Stock exchange | 6- a market in which shares are bought and sold. |
| 10- Oferta | h- supply | 10- the amount of goods or services available |
| 11- Deslocalización | j-Relocation | 12- move to a new place and establish factories or businesses there. |
| 12-Paro | a-unemployment | 13- the number or proportion of unemployed people. |
| 13- Sindicatos | l- trade unions | 14- organization of workers who have banded together to improve working conditions |
| 14- Demanda | f- demand | 7- the desire of buyers to purchase goods or services |
2) JOIN MORE COLUMNS
| 1- Fontes renovables | g- renewable resources | 11- flows or living things which are either never-ending or grow quickly enough that their use does not lead to exhaustion. |
| 2- traballo a tempo parcial | b- debt h- part-time work | 5- a form of employment that carries fewer hours per week than a full-time job. Part-time workers commonly work fewer than 30 or 35 hours a week. |
| 3- Fontes non renovables | j- non-renewable resources c | 3- resources which are replaced slower than the rate at which they are used and they can be exhausted in a short period of time e.g. coal. |
| 4- Inflación | e- Inflation | 2- a general increase in prices and fall in the purchasing value of money. |
| 5- Deflación | d- Deflation | 8- reduction of the general level of prices in an economy. |
| 6- Países desenvolvidos | f- More economically development countries (MEDCs) | 7- Western Europe, North America, Japan and Australia |
| 7- Países subdesenvolvidos | i- Less economically development countries (LEDCs) | 10- poor countries, especially in Africa, South America and Asia. |
| 8- Novos países industriais | k- Newly industrialising countries (NICs) | 6- countries that have undergone rapid industrialisation since the 1960s. The term is most commonly applied to the four 'Asian tigers' of Hong Kong, Singapore, South Korea and Taiwan, but this is becoming out of date, and today we can include China and India. |
| 9- Renta per cápita | a-per capita income | 1- how much each individual receives, in monetary terms, of the yearly income generated in the country. |
| 10- Balanza de pagamentos | c-balance of payments (BOP) | 9- payments that flow between any individual country and all other countries |
| 11- Dédeda | b- debt | 4- a sum of money owed |
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