Employment and Unemployment

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Worker
An individual who is involved in some employment to earn a living.
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GDP
Sum total of goods and services produced in an economy during a year.
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Production Activity
The process of producing goods and services.
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Employed
Individuals who are engaged in some production activity.
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Employment
Employment is a relationship between two parties, usually based on a contract where work is paid for.
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Other cards in this set

Card 2

Front

Sum total of goods and services produced in an economy during a year.

Back

GDP

Card 3

Front

The process of producing goods and services.

Back

Preview of the back of card 3

Card 4

Front

Individuals who are engaged in some production activity.

Back

Preview of the back of card 4

Card 5

Front

Employment is a relationship between two parties, usually based on a contract where work is paid for.

Back

Preview of the back of card 5

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