2.6 CLASES 02 1ER.

PERIODO
ENGLISH INTERPRETATION ABOUT FINANCES, COSTS, BUDGETS AND LAWS.
INTERPRETACIÓN DE INFORMACIÓN EN INGLÉS SOBRE FINANZAS, COSTOS,
PRESUPUESTOS Y LEYES.
PRIMER PERIODO: DEL 06 DE FEBRERO AL 18 DE ABRIL DE 2024
Clase # 02 TOPIC: IMPORTANCE OF FINANCE
LA IMPORTANCIA DE LAS FINANZAS
INDICADOR DE LOGRO:
1.1 escribe e interpreta información básica en inglés y en español sobre la importancia de las finanzas.
1.2 identifica, lee y escribe información básica sobre lo importante que es administrar bien las finanzas.
MISS: CLAUDIA VÁSQUEZ

PRIMER PERIODO
TOPIC : 2 IMPORTANCE OF FINANCE
IMPORTANCIA DE LAS FINANZAS

The economy is driven by financial activity, the increase of private and public investments

infrastructure improvement, the increase in global demand of

goods and services.

The financial activity influences the cost of production of companies

, the marginal efficiency of capital; the volume of private investments,

the productive capacity of people guarantee job stability and therefore

the purchasing power of the population.

financial activity influences the incentive to invest or to produce.

The relationship between finance and administration is infinite, based on money and

To what extent we know how to use it.

the objective of a company, business or individual, is to make money, companies, people

must manage the goods, income, and expenses with common sense.

As far as the State is concerned, it must be governed by the principles of administration

, in order to determine the obtaining of the income required for the preparation and

allocation of the various budget items, by means of planning of revenue collection,

coordination of the distribution of income, control, and supervision of the execution

of the established plans.

the State must be alert to economic phenomena, such as prices,

production, consumption, salaries, savings, etc.

In addition, the State has assets, such as: mines, land, buildings, industries, public

companies, banks, etc, that help support the nation's public spending.

The State is like a big company, for example, the State manages and also invests

part of the financial resources it has, develops projects such as the construction of a

highway and employs many unemployed workers, who receive an income that

spend on consumer products, demanded from merchants, following a dynamic

economy where everyone wins.

INDICACIÓN: TRADUCE EL VOCABULARIO EN INGLÉS AL ESPAÑOL

1 financial activity
2 private and public investments
3 goods and services
4 the cost of production
5 job stability
6 the purchasing power
7 income
8 expenses
9 revenue collection
10 consumption
11 the nation's public spending
12 unemployed workers
13 merchants

EXERCISE 1: WRITE THE MEANING

EXCERSICE 2: WRITE THE REPRESENTATION

FINANCES