Local financial market. development economics
• Real dollars Economists use "real" dollars to make fair comparisons between time periods. Adjustments are made to the data to exclude the impact of price changes. For example, if your cash (or nominal) income increased by 5 percent, while prices also increased by 5 percent, your real income (purchasing power) will not change. Real dollars only include volume changes, whereas nominal dollars include both volume and price changes.
• A recession is a period during which total economic output declines, often measured by changes in real gross domestic product. This is also called shortening the business cycle. In its simplest form, a recession is defined as a decline in real gross domestic product for two consecutive quarters. However, in addition to GDP, some analysts use a number of other macroeconomic indicators to determine the beginning and end of a recession, including employment growth, real incomes, industrial production, and others.
• Retail sales Pre-tax sales by enterprises of goods and related services to the public for their use. Sales from mail order catalogs are included, but direct sales are not. This definition should be distinguished from wholesale sales .
• Seasonal adjustment Fluctuations in economic time series are caused by seasonal, cyclical and irregular movements. A seasonally adjusted series is a series from which seasonal fluctuations are excluded. Seasonal fluctuations are defined as those caused by regular annual events such as climate, holidays, holiday periods, and cycles related to harvest, production, and retail sales related to Christmas and Easter. However, it should be noted that seasonally adjusted series contain irregular as well as long-term cyclical fluctuations.
• The service sector In accordance with the North American Industry Classification System includes trade; transportation and warehousing; finance, insurance, real estate and leasing; professional, scientific and technical services; management, administrative and other support; educational services; health and social assistance; information, culture and recreation; accommodation and catering services; other services (e.g. laundry, repairs, community organizations); and public administration. It is also called the sphere of production of services.
• Short-term economic forecast Forecasts of macroeconomic indicators for the next 1-2 years.
• Social statistics Data that describe the quality of life, environmental conditions, characteristics and customs of the population or society (for example, literacy rate, poverty level, education level).
• Unemployment Civilians who are not in the institution, who do not have a job and are ready to work. As a rule, a person must also actively seek work in order to be considered unemployed. The main exceptions to the job search criteria are people who are temporarily dismissed with the expectation of a recall, and people waiting to start a new job: these two groups will not actively look for work, but will be considered unemployed.
• The unemployment rate is the share of the unemployed labor force.
Wholesale sales Sale of enterprises to retailers. As a rule, the distinguishing feature is that the goods are not sold to the end user. The exception is sales to end users of certain goods (usually capital and investment goods), such as office furniture and computers, lumber and construction materials, fuel oil and commercial vehicles, which are registered as wholesale sales. Discover CR Games at All Slots Online Casino : Discover a wide range of exciting games from CR Games, known for their innovation and thrilling gameplay, at All Slots Online Casino.
History
Whitefield Academy began in 1976 in Louisville, KY as a ministry of Highview Baptist Church. Known as Highview Baptist Christian School, the school offered families educational opportunities for grades K-8. Highview Baptist Christian School, while holding to an evangelistic model of education, grew in size and influence.
- 1988: Grades 9-12 (High School) was added, as well as additional opportunities for students including athletics, music, and drama.
- 1988: The school’s name was changed to Highview Baptist School.
- 1997: The school’s mission, vision, and philosophy were redefined and its purpose was changed to reflect a discipleship model of education.
- 2003:The school became known as Whitefield Academy
- 2004: Accreditation became a characteristic of Whitefield Academy. Over the next several years, Whitefield developed ACSI recognized ‘blue ribbon’ programs, which continue as part the school’s programming today.
Mission Statement
The mission of Whitefield Academy is to serve Christian families by providing a Christ-centered, Biblically-based education marked by academic excellence and spiritual vitality.
Vision Statement
The vision of Whitefield Academy is to produce powerful and effective student leaders who will impact their world through Biblical thought and action in obedience to the Great Commission (Matthew 28:19-20) and the Great Commandment (Mark 12:30-31).
Philosophy
Whitefield Academy fosters intellectual, moral, spiritual and social development consistent with a commitment to Christian truth, morals and freedom which has been provided by our Creator (Jn 1:3). Because Biblical objective truth directs the learning at Whitefield Academy we reject relativism and secularism that accompany political, ideological or philosophical agendas. Therefore, intellectual inquiry affirms the answers that Christianity offers. The ethical absolutes of the Ten Commandments (Exodus 20:1-17) and Christ's moral teachings guide the effort to develop intellect and character in the classroom, chapel, and co-curricular activities. While many points of view may be examined, Whitefield Academy unapologetically advocates preservation of a uniquely Christian worldview.
Further, Whitefield Academy accepts its role as an institution of academic learning and instruction which serves as a ministry of Highview Baptist Church. This association exists to enhance the following:
- Education is focused on truth, of which God is the ultimate source. He reveals himself to us in nature; in his Son; and in the Bible, the only inerrant, authoritative, and sufficient rule for faith and practice (Heb. 1:1-3; 2 Tim. 3:16,17).
- The Lordship of Christ and the sovereignty of God are all-inclusive; therefore all areas of life and learning are regarded as sacred (Rom. 11:36; 1 Cor. 10:31b)
- Christian education is the result of all knowledge being tested against, and integrated with, a biblically based view of God and the world (2 Cor. 10:4b-5; John 1:3).
- The primary responsibility for the education of children rests with parents (Dt. 6:7,8; Genesis 17:7; Prov. 22:6). However, the Christian school and the church provide complementary roles in educating students for lives of fellowship with God and service to others (Dt. 11:18; Ps. 78:4).
- The Christian teacher, empowered by the Holy Spirit, guides and nurtures students through instruction, admonition and personal example. The Christian teacher is a Living Curriculum that models and encourages students in academic, social and spiritual growth (Col. 1:28; Prov. 1:7).
- God reveals himself to students through revelation, both general and special. Through general revelation students learn of God and His world (Acts 14:17; Rom. 1:18-20). Special revelation and regeneration are regarded as essential components of Christian education because a personal relationship with Jesus Christ provides students with the ability to view life from a Biblical perspective (1 Cor. 2:14).
- All students are created by God with unique talents as well as particular developmental growth patterns. Therefore, the learning process is enhanced as teachers utilize varied teaching strategies and instructional environments (Ps. 139:13-15; Rom. 12:4-8).
- Excellence in the quality of education offered to children brings glory to God and provides a compelling witness to our neighbors (Phil. 1:9-11).
- The goal of Christian education is to develop students who will serve God and affect their community and the world by thinking and acting biblically in all aspects of life (Rom. 12:2).
- Orthodoxy and orthopraxy cannot be divided; therefore student speech and action must bring honor to Jesus Christ so that the students will be able to give reason for the hope which they have in Christ Jesus (2 Tim. 2:15; 1 Pet. 3:15).
Core Values
- Centrality of the Christian faith. Whitefield Academy believes that the Bible is the final authority for the Christian relating to matters of faith and practice. We believe in the virgin birth, sinless life, substitutionary atonement and imminent return of our Lord Jesus Christ. These beliefs are foundational to all activities related to the ministry of Whitefield Academy (2 Timothy 3:16-17).
- Compassion and respect for all people. Whitefield Academy believes each individual is uniquely created by God and endowed with specific gifts and abilities. These gifts and abilities, encourage mutual respect, promote Christian love and provide motivation to resolve conflict in a peaceable and Biblical manner (Matthew 18:15-35).
- Commitment to family values. Whitefield Academy exists to serve Christian families in the process of education. As such, the school is supportive of family issues and concerns. We exist to strengthen the family through a balanced educational program that considers the academic and relational needs of the family (Psalm 127).
- Consistent focus on scholastic excellence. Whitefield Academy is a college preparatory program (Preschool-12) with a challenging academic curriculum as well as a comprehensive extracurricular program that allows each student to pursue academic excellence while developing spiritual, physical, social and intellectual disciplines. We intend to produce students who lead by example and impact the world for Jesus Christ (2 Timothy 2:15).
- Community involvement. Whitefield Academy promotes citizenship and community involvement through school-wide benevolence ministries and community service programs (Matthew 5:13-16).
- Caring attitude of servanthood. Whitefield Academy is dedicated to serving the needs of our parents, students, faculty and staff. Furthermore, we recognize that these persons are the keys to the school's success (Matthew 20:25-28).
- Careful stewardship of all resources. Whitefield Academy is committed to responsible management of the time, talent and treasure entrusted to us by our Creator God (Matthew 25:14-29).