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Vocab Words 2

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QuestionAnswer
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
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