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

• http://en.wikipedia.org/wiki/Money• http://en.wikipedia.org/wiki/Bank• Maturitní otázky z angličtiny, Jiří Mrákota