Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
15 Cards in this Set
- Front
- Back
|
Social Programs
|
Services provided by government to reduce economic inequalities and promote the well being of citizens.
|
|
|
Health Insurance
|
An agreement by a company to pay for health
|
|
|
Values
|
Something held to importance or usefulness services in exchange for a fee paid monthly
|
|
|
Private Health Care
|
Health care paid for by individuals
|
|
|
Public Health Care
|
Health care paid for by taxes
|
|
|
Goods and Services Tax (GST):
|
A federal sales tax in Canada
|
|
|
Income Tax
|
Tax based on a percentage of a persons income
|
|
|
Sales Tax
|
Tax paid at the time of buying a product or service,based on the percentage of the price of a product
|
|
|
Black Market
|
Another term for underground economy
|
|
|
Underground Economy
|
Economic based on buying and selling a product illegally
|
|
|
Tax base
|
All the economic activity in a in a society which is covered by gov't taxes
|
|
|
Tax envasion
|
Misrepresenting what you earn to avoid paying taxes
|
|
|
Taxation model
|
Gov't policies about taxation, such as what to tax, how much for and where to spend the taxes
|
|
|
Political Party
|
A group of people with similiar political goals and opinions that seek to influence public policy
|
|
|
Political Platform
|
A document stating the aims and principals of a political party
|
