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FINANCE, POST, BANKING, CURRENCY Karolina Krajcová
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Sectors of national economy Economic terminology Finance and banking Services of post office Insurance
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Sectors of national economy PRIMARY SECTOR changing process of natural reserve into primary products raw materials branches : forestry, agriculture, fishing, mining, quarry industry
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Sectors of national economy SECONDARY SECTOR takes output of primary sector and manufactures goods or products suitable for the use by business export branches: light industry, heavy industry
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Sectors of national economy TERTIARY SECTOR one of the most important sectors in developed countries all the services (media,restaurants….)
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Sectors of national economy QUATERNARY SECTOR sector of intellectual and services scientific research information cummunication technology education consulting
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Sectors of national economy QUINARY SECTOR Industries without intention to make profit (health, culture, education….)
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Economic therminology GDP- gross domestic product GNP- gross national product VAT- value added tax Stock Market Business Inflation- a general raise in prices measured against a standard level of purchasing power Net National products-is the DNP minus depreciation
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Economic therminology State budget- plan how to invest state money Stock market- place where you can buy shares of companies Pay cash/ by credit card- money in hand/ card with noncash money
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Finance and banking The development of money exchange of goods using of rare materials using of coins using of notes nowadays: coins, credit cards
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Types of banks Look after money, circulation A central bank -issues money after state budget A commercial bank -accept deposits and give loans A saving bank- is only allowed to borrow and save money
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Post office provides service of the logistics of correspondence post boxes, saving banks, postcards, air mail, stamps, telephone
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Insurance Protect people against losing money because of a possible accident health, disability, life, travel, automobile..
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Sources http://en.wikipedia.org/wiki/Money http://en.wikipedia.org/wiki/Bank Maturitní otázky z angličtiny, Jiří Mrákota
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