Study

National Geographic Book 3 Unit 2 Lesson 2

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  • hyperinflation (n.)
    when prices rise too quickly over a short amount of time
  • transportation (n.)
    a way of traveling from A to B
  • demand (n.)
    how many people want something
  • trade (n.)
    the process of exchanging goods and services for something of value
  • import (v.)
    to buy things from foreign countries
  • deflation (n)
    when prices fall
  • decade (n.)
    10 years
  • produce (v.)
    another word for make
  • rate (n.)
    amount of something measured per unit of something else, ex. km/h
  • stable (adj.)
    not much movement
  • negative (adj.)
    another word for bad
  • export (v.)
    to sell things to foreign countries
  • amount (n.)
    number or quantity
  • profitable (adj.)
    it can make a lot of money
  • both (conj.)
    one and another
  • inflation (n.)
    How prices rise over time in relation to wages
  • go up (phr.)
    another word for rise
  • moderate (adj.)
    medium, middle, average
  • expectation (n.)
    something you think is going to happen; anticipate
  • salary (n.)
    how much money you make per period of time
  • jewelry (n.)
    accessories you wear that are usually made from precious metals
  • cons (n.)
    something bad
  • luxury (adj.)
    something that is expensive and not needed
  • willing (v.)
    want to do; are okay with doing
  • banknotes (n.)
    another word for bill
  • own (v.)
    to have or possess something by right
  • currency (n.)
    the type of money a country uses
  • neither (conj.)
    not one or the other
  • pros (n.)
    something good
  • globalization (n.)
    how the world is interconnected
  • cost (n.)
    another word for price
  • labor (n.)
    how much money a boss has to pay their employees
  • automobile (n.)
    another word for car
  • either (conj.)
    one or the other
  • commodity (n.)
    another word for product
  • target (n.)
    another word for aim
  • poverty (n.)
    the state of having little or no money