Financial Education Topic 2

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  • Created by: DorkyDude
  • Created on: 05-12-16 09:53
a government measure to reduce the amount of money it spends (usually reduced wages and benefits), resulting in difficult financial conditions for a population.
Austerity
1 of 8
– (1) an organisation set up to help a particular group or issue; (2) the act of donating money or time to a cause.
Charity
2 of 8
money deducted from your income by the government to pay for public services such as health and education
Income Tax
3 of 8
a high-interest, very secure government bond
Gilts
4 of 8
– a plan for how you will use your income, including spending and saving
Budget
5 of 8
money and other financial support (such as reduced bus and train fares or provision of housing) that the government provides for people who are unable to get any other income
Benefits
6 of 8
certificate that shows you have bought the debt from a company or the government, in return for which the company or government pays a fixed amount of money in interest each year
Bonds
7 of 8
the income of an organisation or government
Revenue
8 of 8

Other cards in this set

Card 2

Front

– (1) an organisation set up to help a particular group or issue; (2) the act of donating money or time to a cause.

Back

Charity

Card 3

Front

money deducted from your income by the government to pay for public services such as health and education

Back

Preview of the front of card 3

Card 4

Front

a high-interest, very secure government bond

Back

Preview of the front of card 4

Card 5

Front

– a plan for how you will use your income, including spending and saving

Back

Preview of the front of card 5
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