inflation (n.)
How prices rise over time in relation to wages
rate (n.)
amount of something measured per unit of something else, ex. km/h
transportation (n.)
a way of traveling from A to B
luxury (adj.)
something that is expensive and not needed
jewelry (n.)
accessories you wear that are usually made from precious metals
currency (n.)
the type of money a country uses
automobile (n.)
another word for car
globalization (n.)
how the world is interconnected
trade (n.)
the process of exchanging goods and services for something of value
import (v.)
to buy things from foreign countries
export (v.)
to sell things to foreign countries
commodity (n.)
another word for product
demand (n.)
how many people want something
willing (v.)
want to do; are okay with doing
expectation (n.)
something you think is going to happen; anticipate
salary (n.)
how much money you make per period of time
