Glossary

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gross fixed capital formation

Subject: 

  • Economics

(abbrieviation: GFCF) (also called investment (I)) the capital goods that are bought by businesses and the government to produce other goods and services.

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physical assets
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tangible assets such as hospitals and vehicles.

final consumption expenditure
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spending by householders and government on final goods and services.

over-exploitation
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the excessive use of a resource so that the returns are reduced

producers
Subject:
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those who manufacture goods.

working capital
Subject:
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the money used to carry out daily operations and raw materials used up in the production of...

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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Formulae sheets or key concept sheets are useful for quick revision. Get your teenager to stick them on the wall in their room. The more they look at the formulae and key concepts, the more likely...

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Different study methods work for different students. Find out what works for your child so you understand how you can support him or her.

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