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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 on-hand that can be freely spent liquid
a fixed amount of a product or service allowed during times of shortage rations
a loan of money credit
the required amount of a specific good that must be produced in a given timeframe production quota
producing only what is necessary for personal use/survival subsistence
percentage of a borrowed sum of money which must be paid in addition to the repayment of the loan itself interest
financial gain through illegal means, typically through kickbacks and bribes graft
to transfer a business, industry, or service for public (government) to private control privatize
a person who opposes the authority of an established government dissident
the transfer of work/production from one country to another where the cost of labor/manufacturing is cheaper outsourcing
money granted by the government to assist a business or industry in lowering the cost of its product/service subsidization
Created by: melanien
 

 



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