Flashcards
Unit 2
Flashcards do conjunto (17)
- 1Why do people work?Pay and/or job satisfaction
- 2What are the main reasons why someone would choose not to work?Schooling, looking after children and retirement
- 3What sector provides the most jobs in the UK?Services (tertiary sector)
- 4Explain how specialisation worksSpecialisation is where a job is split into smaller tasks and each worker performs a certain part of the assembly line instead of the whole job from start to finish
- 5What are advantages of division of labour?Workers only have to know one part and can be better and more efficient at that one part. Therefore the goods should be higher quality and production should be more efficient, increasing productivity.
- 6What are some disadvantages of specialisation?The worker have to do the same job over and over again becoming tesious and boring. Also the workers will become interdepedant and if one thing goes wrong along the line everything is ruined.
- 7How does the internet affect working?The internet has completely changed how people are able to buy, sell and advertise things. Many jobs exist now only because of the internet.
- 8How does email affect working?Email allows workers to communicate immediately with people no matter where they are it is instaneous and they can be read and sent at any time that is convient. There is no longer so much of a need for telephone calls and letters.
- 9How can technology allow someone to work from home?The simplicity of communicating through the internet allows people to work from the comfort of their own home with flexible hours because of how easy it is to keep up.
- 10What are national insurance contributions?They are a deduction from your pay that makes you eligiable for benefits and the state pension. They are paid as a percentage of what you earn.
- 11What is the supply of labour?The amount each worker is willing to perform. Each worker has a decision about how to split their time between work and leisure.
- 12What is the demand for labour?Whether or not businesses need workers and how many.
- 13What are some costs of unemployment?Obviously your income will be significantly decreased but you can also lose skills, your health (including mental health) is likely to deteriorate and unemployment often causes family breakdowns.
- 14How does a tax allowance encourage employment?If you are receiving part of your wage tax-free then that will make it more worth it for people to remain employed rather than not have a job.
- 15How does Job Seekers Allowance encourage employment?JSA is quite low to encourage people to go back to work instead of letting their quality of life deteriorate. Also in order to claim JSA you must be filling out applications and going to interviews.
- 16How does working tax credits encourage people to be employed?Working tax credits rewards someone for working even if they arent earning very much so encourages them to continue working. They are especially aimed for people with children to support them with child care.
- 17How does the New Deal scheme help the unemployed?It trains them so they are more likely to get a job and a job that pays well. Skills make a person more desireable as an employee.
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- GCSE Economics FlashCards sobre Unit 2, criado por Sydney Piepgrass em 12-02-2017.
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- Sydney Piepgrass
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