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The private economy

Topic: Economy
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Cash: Is when paying directly with ordinary pengar.Kredit: postponing the payment, it is also more expensive because out of that you have to pay interest and annual fees. One must also have credit facilities with the company you buy from. To receive have credit, you have to be eighteen years old and have an income (a job).

Pocket money: The money that you get over when you have to pay the expenses that you have. Parents giving children pocket money for the child to know what it is like to have an economy, and that they should take responsibility.

Economy & Age: When you are:
12 years so in order to have simpler jobs (eg. May flowers), you must have parental permission when you're 12 years old.
13-15 years so you can have different types out simple work as "helper."
16 years so you can be an employee of a company, or you can start your own business, if you start your own business, you must have parental permission. You decide over their own money and you get study grants, you can also take study loans. You also get sick pay if you are sick if you work somewhere.
18 years then you are of legal age, you decide. One can take the credit and loans.

Money: Money is money that you pay directly in cash.

Check: It's like a form which you enter the amount you must pay, and its name. The money will be deducted from the account that you have.

Credit card: The card is linked to an account where the money deducted when buying anything, or so it takes just out of money.

Interest: A charge you pay when you borrow money. The fee (interest rate) depends on the country and the world economy. The banks have different interest rates because out that they are competing for customers. Variable and fixed rates are different ways to pay interest on. The variable interest rate changes with the country's economy but a fixed rate is a rate that it freezes at. One can choose from how many years or months you want to lock at. At that time, you can not unlock it.

Wage incoming: Money that you earn in wages.

Gross Income: The money you get before you have paid the tax.

Tax: The tax is determined because out of the situation in the municipality. The normal tax is at 33% but if you earn more than 330,000 / year, you get to pay 55% tax.

Income Tax: Tax paid on salary.

Disposable income: The money you get when you have paid taxes and received grants.

Earned income - taxes + subsidies = Disposable income.

Household Fees: All households have many fees. It is eg housing, clothing, food and leisure. But you also pay taxes to the community.

Contributions: Contributions may be out of state and society. The most common contributions are:
Child benefit is that every family with children get, the first child get 950 - and then get more for each child to get.
Parental right to be at home with their children. Man gets 360 days that you get 80% of their usual salary.
Student financial aid is student then you are 16-20 years old, student then you are 20 and up. Study allowance may not exceed 1,963 / month.
The housing allowance varies by household income, size, and housing cost.
Social assistance that you get when you do not have money to live for, then for one money order to just survive.

The tax social significance is great. If you did not pay tax to the community, we would not have any parks, roads, etc. If you have a job to earn a lot so it helps the community with more money you pay more taxes.

When I pay taxes so maybe they're building a new road that I can go to so that I can for example go to a friend who I want to meet, but if I did not pay tax so maybe there was not any way to my friend and then I would not be able to meet him or her. If I have good economy so I pay more taxes herring state and society. When I give money to Sweden, then to the country's economy. So if everyone here in Sweden had a job as they earned good money and paid much tax would increase the country's economy and we get it really good here in Sweden.

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