Contemporary Socio-Economic Issues Practice Flashcards

Vocabulary-style flashcards based on lecture notes covering socio-economic issues such as unemployment, piracy, workplace discrimination, and industrial actions.

Unemployment

A socio-economic issue characterized by individuals, such as Deidre who holds a junior degree in Business Management, being without job opportunities.

Inclusivity (Non-discrimination)

The practice of providing job opportunities to everyone without discriminating based on factors such as age and race, as practiced by Silverstone Limited (SL).

Piracy

The socio-economic issue involving the manufacture and sale of imitations of genuine products, such as clothing or shoes, marked with a fake logo or trademark.

Go slow

A type of industrial action or socio-economic challenge where employees work at a reduced pace due to demands such as a wage increase.

HIV/AIDS (Immune system illness)

An illness that compromises an employee's immune system, leading to a decrease in workplace productivity.

Service delivery protests

Actions taken by community members to protest a lack of services, which can result in customers being prevented from entering a business premises.

Security measures

Effective systems or hardware installed by businesses, often involving significant expense, to counter socio-economic challenges like crime.

Gambling

A contemporary socio-economic issue identified in the transcript as having four distinct types.