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Vocab Words 2
Study
Question | Answer |
---|---|
Subsidization | Money granted by the government to assist a business or industry in lowering the cost of its product/service |
outsourcing | The transfer of work/production from one country to another where the cost of labor/manufacturing is cheaper |
Dissident | A person who opposes the authority of an established government |
Graft | Financial gain through illegal means, typically through kickbacks and bribes |
Privatize | To transfer a business, industry, or service for public (government) to private control |