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| |  Social business This week, Jackie and Amber hear from Nobel Prize winner Muhammad Yunus about the concept of 'social business'. Why does he think this is a more effective way of fighting poverty than charity? This week's question: An entrepreneur - someone who starts new business or business deals to make money. The word entrepreneur comes from the French verb "entreprendre". What does this mean in English? a) to take b) to pull together c) to undertake Listen out for the answer at the end of the programme!
[an error occurred while processing this directive] Vocabulary from the programme an entrepreneur someone who starts new business or business deals to make money to maximise profits to make as much money as possible Example: Most companies aim to maximise profit. social benefit for the good of people or communities, perhaps through activities such as fighting poverty, helping war victims etc. Example: We must make sure this plan has real social benefit. social businesses businesses whose goal is to maximise social benefit rather than maximise profit for owners etc. a charity an organistation that gives money or help to people in need Example: This charity helps people who are affected by cancer. a donation something (especially money) that you give to an organisation or person to help them Example: She made a huge donation to the charity a donor someone who makes a donation Example: We had several major donors to this project. to recycle to use again and again microcredit small loans (money lent) made to people who wouldn't usually be lent money because they're unemployed, living in poverty etc. Example: He thinks the expansion of the airport is a good thing. to cover costs to pay for the cost of money spent on something Example: Airlines are making tickets more expensive to cover the cost of rising fuel prices. Extras  Download this programme (mp3 - 2.1 MB) More on mirocredit Grameen - what is microcredit?* Guardian article Microcredit won't make poverty history* *The BBC is not responsible for the content of external websites | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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