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4.00 Principles of Receiving Vocabulary

AB
GovernmentThe system of governance that provides structure, protection, and services to people residing in a nation, state, county, or municipality
Income TaxA tax on earned income, usually at the federal or state level in the United States
Non-profitsOrganizations that exist for human service, conservation, religious, or other charitable purposes to benefit others. These organizations are not required to pay taxes.
Property TaxA tax on property such as land, houses, or cars
Sales TaxA tax on items purchased in retail stores
Tax payerA person who pays a tax to national, state, county or municipal governments
CommunityA group of people working together for a common good
FamilyRelated or unrelated individuals sharing various resources who also show concern about each other's well-being
In-kind incomeThe provision of a product or service in lieu of money
Social capitalThe access a person has to social relationships that can provide resources


Melba Keathley

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