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 | |