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South East Asia

Vocabulary Checkpoint Review Melanie Nipper

QuestionAnswer
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
 

 



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