heavy industry | light industry |
manufacturing industry | service industry |
high-tech | low-tech |
privatisation | nationalisation/ state ownership |
public-private partnerships | partly state-owned |
subsidies | grants which enable to stay in profit |
sweeteners | grants or tax benefits to encourage to open a factor or business |
inward investment | investment from foreign companies |
to be on piecework | to be paid for the amount u produce |
child labour | the employment of children to do adult jobs |
the right to trade union representation | the right to have a union that negotiates wages and conditions |
sweatshops | factories where ppl work very long hours for wages |
lame duck | weak business that loses money |
big multinationals | big companies with operations in many different countries |
cost-cutting exercise | effort to reduce costs |
to relocate | to move the company's offices to a different place |
to switch production | to move the centre of manufacturing to a different place, often where labour is cheaper |
red tape | bueaucracy |
retraining and reskilling | training ppl for new jobs and teaching them new skills |
black market | czarny rynek |
copright infringement | naruszenie praw autorskich |
industrial piracy | piractwo |
espionage | szpiegostwo |
money laundering | pranie brudnych pieniędzy |