FINANCE, POST, BANKING, CURRENCY Karolina Krajcová.

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Presentation transcript:

FINANCE, POST, BANKING, CURRENCY Karolina Krajcová

Sectors of national economy Economic terminology Finance and banking Services of post office Insurance

Sectors of national economy PRIMARY SECTOR changing process of natural reserve into primary products raw materials branches : forestry, agriculture, fishing, mining, quarry industry

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

Sectors of national economy TERTIARY SECTOR one of the most important sectors in developed countries all the services (media,restaurants….)

Sectors of national economy QUATERNARY SECTOR sector of intellectual and services scientific research information cummunication technology education consulting

Sectors of national economy QUINARY SECTOR Industries without intention to make profit (health, culture, education….)

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

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

Finance and banking The development of money exchange of goods using of rare materials using of coins using of notes nowadays: coins, credit cards

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

Post office provides service of the logistics of correspondence post boxes, saving banks, postcards, air mail, stamps, telephone

Insurance Protect people against losing money because of a possible accident health, disability, life, travel, automobile..

Sources Maturitní otázky z angličtiny, Jiří Mrákota