Economy Vocabulary: Chapter 6

Economy: 

The management of the resources of a community, country, etc., especially with a view to its productivity.

Economic System:
The system of production and distribution and consumption.


Scarcity:  

Insufficiency or shortness of supply; dearth.

Land:

Rural or farming areas, as contrasted with urban areas: They left the land for the city.

Labour:
Productive activity, especially for the sake of economic gain.


Capital:
The city or town that is the official seat of government in a country, state, etc.: Tokyo is the capital of Japan.


Privately Owned:
A privately held company or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately.


Publically Owned:Or Public company, a company which is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange.

Public Good:
a good or service that is provided without profit for society collectively.


Shift left:
Left shift or Shift Left is an increase in the number of immature leukocytes in the peripheral blood, particularly neutrophil band cells.

Shift Right:
An increase in the percentage of multilobed neutrophils.

Consumers:
A person or organization that uses a commodity or service.

Producers:
A person who creates economic value, or produces goods and services.

Supply:

To furnish or provide (a person, establishment, place, etc.) with what is lacking or requisite to supply someone clothing; to supply a community with electricity.

 

Demand:

To call for or require as just, proper, or necessary: This task demands patients. Justice demands objectivity.

 

Competition:

the act of competing; rivalry for supremacy, a prize, etc.: The competition between the two teams was bitter.

 

 Unemployment Rate:

the percentage of the work force that is unemployed at any given date.

 

Strike:

to hit or dash on or against something, as a moving body does; come into forcible contact; collide.

 

Collective Barganing:

the process by which wages, hours, rules, and working conditions are negotiated and agreed upon by a union with an employer for all the employees collectively whom it represents.

 

Labour Union:

an organization of wage earners or salaried employees for mutual aid and protection and for dealing collectively with employers; trade union.

Chapter 5 - Immigration: Vocabulary

immigration- the process of people establishing homes and often citizenship, in a country that is not their native country. E.G.  reasons for why people would immigrate to a different country: economic, political, family re-unification, natural disaster, poverty or the wish to change one's surroundings voluntarily.

refugee-A person who seeks refue in another country because of danger or persecution in their home country. e.g. as in time of political upheaval, war, etc.
 

Quebec accord: a legal agreement concerning immigration issues between the federal government of Canada and the Province of Quebec.

demographic-To do with the characteristics of populations. e.g. the number of births or deaths.

labour force growth- The growth of the "labour force," or the number of people who can work. E.g. Wall Street Journal 2003 and Kanell 2004.

Accused Gadhafi Plotter Met With SNC-Lavalin Executive (Current Event)

Who: One of the people accused in an alleged plot to smuggle members of Libyan dictator Moammar Gadhafi’s family to Mexico was with an SNC-Lavalin executive when police took her into custody.

What:  Leslie Quinton, SNC-Lavalin vice-president of global corporate communications, confirmed in an email that Roy "was present when the other person [Huerta] was detained and was asked the purpose of his visit by the authorities, which he stated was the possibility of water treatment projects."

Where: Mexico

When: February 3, 2012

How does it affect Canada: It affects Canada because The gadhafi could come to Canada and blow up our town hall and make a big corruption.
How Does it Affect Me: This affects me because if the Gadhafi comes to Lethbridge and blows parts of it up then I might get blown up too.

Chapter 4 Vocabulary: Collective Rights

Vocabulary: the stock of words used by or known to a particular people or group of persons.

Affirm: to state or assert positively; maintain as true.

Collective Identity:  An individuals' sense of belonging to a group.

Collective Rights: Rights guaranteed to specific groups in Canada society for historical and constitutional reasons.


First Nations: The umbrella name for the diverse Aboriginal poeples who have collective rights that are recognized and protected in Canada's constitution.


Sovereignty: rightful status, independence, or prerogative.


Annuity:

a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient's life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment.

Officail Language Minority:

 speaking an official language in an area where it is a minority
 

Anglophone: an English-speaking person, especially a native speaker of English.

Fracophones: speaking French, especially as a member of a French-speaking population.

Assimilate
-become part of a different cultural group

Entrench (ed)
-fixing firmly within

Indian
-european word for first nations

Reserves
-land for the exclusive use of first nations

Autonomy
-authority to make decisions

Land Claims
-legal control over a specific area of land

Settlement
-an agreement signed after labor negotiations between union and management

Collective
-a group of something

Ethnocentrism
-the belief that one culture is superior to all other cultures

Official Language Minority
-speaking an official language in an area where it is a minority

Official Language Community
-one of the groups in Canadian society whose members speak an official language of Canada

Publically Funded
-

Script
-a manuscript or document

Chapter 3-Canadian Charter of Rights and Freedom-Vocabulary

Fundamental Rights- a generally-regarded set of entitlements in the context of a legal system, wherein such system is itself said to be based upon this same set of basic, fundamental, or inalienable entitlements or "rights."

Legal Rights-political and legal system, and therefore relative to specific cultures and governments.

Mobility Rights- is a human right concept that the constitutions of numerous states respect. It asserts that a citizen of a state in which that citizen is present has the liberty to travel, reside in, and/or work in any part of the state where one pleases within the limits of respect for the liberty and rights of others.

Democratic Rights-Everyone has the right to freedom of expression without any interference. This right shall include freedom to seek, receive and impart information and ideas of all kinds, regardless of frontiers, either orally, in writing or in print, in the form of art, or through any media of his choice.

Equality Rights- is a social state of affairs in which all people within a specific society or isolated group have the same status in a certain respect.

Discrimination-is the prejudicial treatment of an individual based on their membership in a certain group or category. It involves the actual behaviors towards groups such as excluding or restricting members of one group from opportunities that are available to another group.

Prejudice- is making a judgment or assumption about someone or something before having enough knowledge to be able to do so with guaranteed accuracy.

Diversity- A point of difference.

Constitution-is a set of fundamental principles or established precedents according to which a state or other organization is governed.

Indian Act-is a Canadian statute that concerns registered Indians, their bands, and the system of Indian reserves.



Labour Unions-is an organization of workers that have banded together to achieve common goals such as better working conditions.

Introductory Vocabulary

Perspective: the state of one's ideas, the facts known to one

Point of View: an opinion, attitude, or judgment

Quality of Life:
your personal satisfaction (or dissatisfaction) with the cultural or intellectual conditions under which you live (as distinct from material comfort); "the new art museum is expected to improve the quality of life"

Governance: a method or system of government or management.

Political System:
the members of a social organization who are in power.

executive branch:
the branch of government charged with the execution and enforcement of laws and policies and the administration of public affairs.

legislative branch:
The branch of the federal and state government empowered to make the laws that are then enforced by the executive branch and interpreted by the judicial branch.

judicial branch:
The court systems of local, state, and federal governments, responsible for interpreting the laws passed by the legislative branch and enforced by the executive branch.

constituent:  having power to frame or alter a political constitution or fundamental law, as distinguished from lawmaking power

minorities:  a smaller party or group opposed to a majority, as in voting or other action.

accountable: subject to the obligation to report, explain, or justify something.

bias: a particular tendency or inclination, especially one that prevents unprejudiced consideration of a question.

Issue: a point in question or a matter that is in dispute, as between contending parties in an action at law.