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TOG Y4 W12 Terms

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Term
Definition
Administration   the managing of something (as a business or school), or the people in charge of managing something  
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Agency   an organization that offers a service for other businesses or for individuals  
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Aid   help or assistance  
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Deposit   money placed in a bank or other institution to keep it safe  
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Economy   management of limited resources and the productiveness of those resources. Greek word oikonomia meant "management of the household” and was concerned with many things besides money; now, the term chiefly refers to the financial condition of a nation  
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Program   a plan of what is to be done or performed  
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Policy   1) a plan of action; 2) a written contract between an insurer and a customer  
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Wages   the money paid to a worker  
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Assistance   the act of helping or giving support  
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Benefits   something gained by a person from an employer or government beyond strict wages, usually involving insurance and payment for necessities  
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Conservation   1) careful preservation (especially of the environment or natural resources) against harm, waste, or loss; 2) formal supervision of natural resources so that they might be preserved and protected through stewardship  
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Construction   1) the act of building or assembling something 2) a thing which is so built; a structure  
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Erosion   the process of gradually eating or chipping away at something; used especially of soil  
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Industrial   referring to manufacturing or to a business which makes a product (as opposed to a business that supplies a service)  
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Pension   a regular payment of non-wage money to a person, usually because of long service in a particular role or because of injury  
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Welfare   aid provided by the government to unemployed people or to those in financial trouble  
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Agriculture   cultivating the soil to make it grow crops; often synonymous with farming.  
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Created by: jamallwh
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