ANALYZE THE EFFECTS OF CONTEMPORARY ECONOMIC ISSUES AFFECTING THE FILIPINO ENTREPRENEUR

LESSON 4

Investment

It is an asset or item acquired with the goal of generating income.

Minimum wage

This refers to the minimum amount of wage that an employer is required to pay wage earners for the work

Long term investment

This type of investment involves assets that a company plans to hold for more than a year.

Short term investment

This type of investment will mature to cash within a one-year time period and is considered liquid.

Investment rate

It is the amount a lender charges for the use of assets expresses as a percentage of the principal.

Rentals

It is a property from which the owner receives payment from the occupants.

Minimum wage law

This law established a minimum amount that an employer can pay a worker for one day of labor.

Taxes

It is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Benefits received principle

This principle relates to the benefits taxpayers receive from a public good.

Ability to Pay Tax Principle

This approach to taxes relates that those with a greater ability to pay are taxed more.

Taxes

It is considered inflows for the government.