Translation of a few words about business English

CHILDCARE PROVISION: Childcare provision is where a service is provided to take care of children.

E.g.-----a day nursery, playgroup, childminder

OUTSOURCING: Outsourcing refers to a company that contracts with another company to provide services that might otherwise be performed by in-house employees.

E.g-----Many large companies now outsource jobs such as call center services, e-mail services, and payroll. These jobs are handled by separate companies that specialize in each service, and are often located overseas.

REGULATED MARKET: A regulated market is a particular industry, and sometimes it is not easy to find a way to make it work. These jobs are handled by separate companies that specialize in each service, and are often located overseas. with some level of government oversight, involvement, or manipulation.

E.g-------Extreme examples of regulated market environments are those where whole industries are nationalized by a government, such as utilities, telecommunications, and military equipment production. As well, when these industries are privatized, they are not regulated by a government. when these industries are privatized, such as during the period of reforms in former Soviet bloc nations after the dissolution of the Soviet Union in the late 1980s to 1991, the markets are not as well organized as they could be. As well, when these industries are privatized, such as during the period of reforms in former Soviet bloc nations after the dissolution of the Soviet Union in the late 1980s to 1991, the markets are still often under relatively tight control by the government behind the scenes.