Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
South East Asia
Vocabulary Checkpoint Review Melanie Nipper
| Question | Answer |
|---|---|
| a sum of money given for designated period of time which must be repaid | loan |
| a plan for spending and saving one’s income | budget |
| financial obligations, such as bills | expenses |
| an individual, bank, or company who loans money | lender |
| money which one has-on hand that can be freely spent | liquid |
| a fixed amount of a product or service allowed during times of shortage | rations |
| the required amount of a specific good that must be produced in a given time frame | production quota |
| producing only what is necessary for personal use/survival | subsistence |
| a loan of money | credit |
| percentage of a borrowed sum of money which must be paid in addition to the repayment of the loan itself | interest |
| money granted by the government to assist a business or industry in lowering the cost of its product/service | subsidization |
| the transfer of work/production from one country to another where the cost of labor/manufacturing is cheaper | outsourcing |
| a person who opposes the authority of an established government | dissident |
| to transfer a business, industry, or service for public (government) to private control | privatize |
| financial gain through illegal means, typically through kickbacks and bribes | graft |
Created by:
melanien
Popular Social Studies sets