Engels - voc p60-63 Flashcards
what producers can sell on the market
supply
a time of intense difficulty or danger
crisis
extremely high
exorbitant
the highest-ranking person in a company
ceo
someone who works for a boss
employee
the money people and companies should pay to the government
tax
the basic needs of a person (food, electricity, …)
necessities
the money you make, the differnece between earnings
profit
worth a lot of money
valuable
a fixed regular payment earned for work
wage
able to survive as a business despite a lot of competition
competitive
the group of people with the authority to govern a country
the government
an investor who partly owns a company
stockholder
a large company or group of companies
corporation
a person or organisation that pays peolpe for their work
employer
what consumers want to buy
demand
ondernemer
entrepreneurs
grondstoffen
raw materials
to earn more money than you have spent; not to make a loss
to make a profit
someone who has started their own business
an entrepreneur
the positive aspects; the opposite of the drawbacks
the benefits
to start a business
to found a company
what you process into a finishes product
raw materials
other companies that are in the same industry as you; your economic enemies
the competitors