Economy

Question 1

accommodation

Answer 1

Lodging; a place to live.

Question 2

(to) allocate resources

Answer 2

(financiële) middelen toewijzen, To assign or allot financial means for a particular purpose.

Question 3

austerity measures

Answer 3

bezuinigingsmaatregelen, Measures that are imposed on a country by its government with the purpose of reducing the national deficit by way of cutting down on consumer spending.

Question 4

boom

Answer 4

A period of high economic growth characterized by rising wages, profits, and prices, full employment, and high levels of investment, trade, and other economic activity.

Question 5

budget

Answer 5

Een gespecificeerd overzicht van de verwachte inkomsten en uitgaven van een land, bedrijf, etc. over een bepaalde periode, meestal een boekjaar.

Question 6

budget deficit

Answer 6

Een overschot aan schulden boven activa;
- Een overschot aan uitgaven boven inkomsten gedurende een bepaalde periode;
- Een overschot aan betalingen boven ontvangsten op de betalingsbalans.

Question 7

budget surplus

Answer 7

Een overschot van de totale activa boven de totale passiva;
- Een overschot van de feitelijke netto activa boven de nominale waarde van het kapitaal;
- Een overschot van de inkomsten boven de uitgaven gedurende een bepaalde periode.

Question 8

citizen

Answer 8

inwoner

Question 9

commodity/raw materials

Answer 9

grondstoffen, A reasonably interchangeable good or material, bought and sold freely as an article of commerce. Commodities include agricultural products, fuels and metals.

Question 10

competition

Answer 10

concurrentie, Rivalry in which every seller tries to get what other sellers are seeking at the same time: sales, profit, and market share by offering the best practicable combination of price, quality, and service.

Question 11

competitor

Answer 11

concurrent, In business, a company in the same industry or a similar industry which offers a similar product or service.

Question 12

consumption

Answer 12

The amount of a product that is used in a particular period.

Question 13

core business

Answer 13

kernactiviteit, The business that makes the most money for a company and that is considered to be its most important and central one

Question 14

cutting edge (technology)

Answer 14

zeer geavanceerde technologie, At the forefront of people or things in a field of activity; leading.

Question 15

depression/slump

Answer 15

Lowest point in an economic cycle characterized by reduced purchasing power, mass unemployment, excess of supply over demand, falling prices, or prices rising slower than usual, falling wages, or wages rising slower than usual, and general lack of confidence in the future. Also called a slump, a depression causes a drop in all economic activity. Major depressions may continue for several years.

Question 16

developing country

Answer 16

ontwikkelingsland, A country that is changing its economy from one based mainly on farming to one based on industry

Question 17

development zone

Answer 17

ontwikkelingszone, An area, usually on the outskirts of a large city, to which the government encourages new industries to come.

Question 18

disposable income

Answer 18

besteedbaar inkomen, Income left after taxes, etc. that you are free to spend or save as you want.

Question 19

distribution channel

Answer 19

distributiekanaal, The way that products are made available to customers.

Question 20

domestic

Answer 20

Of, produced in, or involving one’s own country or a specific country.

Question 21

(to) downsize

Answer 21

Opzettelijke vermindering van de omvang van het personeelsbestand op alle personeelsniveaus, om een ​​recessie te overleven, de efficiëntie te verbeteren of een aantrekkelijker kandidaat te worden voor overname of fusie, Intentional reduction in the size of a workforce at all staffing levels, to survive a downturn, improve efficiencies, or become a more attractive candidate for acquisition or merger

Question 22

economic

Answer 22

economisch, Regarding the economy.

Question 23

economical

Answer 23

zuinig, kostenbesparend, Using money, resources, etc., carefully.

Question 24

economic outlook

Answer 24

economische vooruitzichten, Future economic probabilities.

Question 25

economic/business cycle

Answer 25

conjunctuurcyclus, Recurring, fairly predictable, general pattern of periodic fluctuations (as measured by gross national product) in national economies.

Question 26

economics

Answer 26

The theories, principles, and models that deal with how the market process works.

Question 27

economy

Answer 27

economie, An entire network of producers, distributors, and consumers of goods and services in a local, regional, or national community.

Question 28

emerging market

Answer 28

opkomende markt, A new market that is developing quickly.

Question 29

fair trade

Answer 29

een beweging die strijd voor een eerlijke prijs en behandeling voor de boeren in het buitenland,

Question 30

globalization

Answer 30

The process by which businesses and organisations grow an start to operate in countries all over the world.

Question 31

Gross Domestic Product (GDP)

Answer 31

totale economische productie binnen de landsgrenzen, ongeacht wie de eigenaar is van de productiemiddelen (binnenlandse of buitenlandse bedrijven)., The total value of all the goods and services produced by a country in one year. bbp

Question 32

Gross National Product (GNP)

Answer 32

totale economische productie door inwoners en bedrijven van een land, ongeacht waar deze productie plaatsvindt (binnen of buiten de landsgrenzen).GDP of a country to which income from abroad remittances of nationals living outside and income from foreign subsidiaries of local firms has been added.

Question 33

income

Answer 33

inkomen, The amount of monetary or other returns, either earned or unearned, gathered over a given period of time.

Question 34

interest rate

Answer 34

The cost or price of borrowing money expressed as a percentage per period of time.

Question 35

life expectancy

Answer 35

levensverwachting, The average number of years that a person or animal can expect to live.

Question 36

manufacturing industry

Answer 36

productie- industrie, The industry that changes raw materials into finished products.

Question 37

market share

Answer 37

marktaandeel, The amount of sales of a particular type of product that a company has, compared with the total sales.

Question 38

profitability

Answer 38

winstgevendheid, The state or condition of yielding a financial profit or gain.

Question 39

purchasing power

Answer 39

koopkracht, hvl een huishouden gem kan kopen, Money and credit available for spending and consumption of goods and services. Demand and prices cannot rise beyond the available purchasing power.

Question 40

real estate

Answer 40

vastgoed

Question 41

recession

Answer 41

Period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer. Marked by high unemployment, stagnant wages, and fall in retail sales, a recession generally does not last longer than one year and is much milder than a depression.

Question 42

resources

Answer 42

Sources of economic wealth, esp of a country (mineral, land, labour, etc) or business enterprise (capital, equipment, personnel, etc).

Question 43

retail

Answer 43

detailhandel, The sale of goods individually or in small quantities to consumers.

Question 44

saturated market

Answer 44

verzadigde markt, A market in which demand for a product has been met, so no more can be sold.

Question 45

services sector

Answer 45

dienstensector

Question 46

shortage

Answer 46

tekort, A deficiency or lack in the amount needed, expected, or due; deficit.

Question 47

slump

Answer 47

Cfr. depression.

Question 48

standard of living

Answer 48

levensstantdaard, A level of subsistence or material welfare of a community, class, or person.

Question 49

supply and demand

Answer 49

vraag en aanbod, The relationship between the availability of goods and services and how much of them people want. Used esp to relate to the impact of this relationship on price levels.

Question 50

sustainable growth

Answer 50

duurzame groei, Growth rate that can be achieved without significant or permanent damage to the environment and the economy's natural productive capacity.

Question 51

sweatshop

Answer 51

A factory/workroom where workers are employed for long hours and low pay, often in bad conditions.

Question 52

tax haven

Answer 52

Generic term for a geographical area outside the jurisdiction of one's home country which imposes only a few restrictions on legitimate business-activities within its jurisdiction, and little or no income tax.

Question 53

trade

Answer 53

handel, The act or an instance of buying and selling goods and services either on the domestic (wholesale and retail) markets or on the international (import, export, and entrepôt) markets.

Question 54

treaty

Answer 54

verdrag, A formal agreement or contract between two or more states, such as an alliance or trade arrangement.

Question 55

turnover

Answer 55

omzet, The amount of business, usually expressed in terms of gross revenue, transacted during a specified period.

Question 56

VAT (Value Added Tax)

Answer 56

btw

Question 57

wealth tax

Answer 57

A tax on money, property or investments owned by a person.

Question 58

welfare state

Answer 58

A system in which the government undertakes the chief responsibility for providing for the social and economic security of its population, usually through unemployment insurance, old-age pensions, and other social-security measures.

Question 59

wholesale

Answer 59

groothandel, The business of selling goods to retailers in larger quantities than they are sold to final consumers but in smaller quantities than they are purchased from manufacturers.