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Covid-19 and economy
| Term | Definition |
|---|---|
| outbreak | a time when something unpleasant for example a disease suddenly begins |
| restriction | an official limit on something |
| demand | amount of product or service that people want |
| unemployment | a situation in which some people do not have work |
| pandemic | a disease that affects people across the whole world |
| stock market | a place where companies sell and buy shares |
| turn red | to fall below its starting value (about stock markets) |
| profit | money earned in business |
| GDP | the total value of goods and services produced by a country in a year |
| recession | the period of decline in economic activities |
| recovery | the period of improvement of economy after problems |
| supplier | a company or person that provides things people need |
| bubble | a (short) period of a very successful economic performance often followed by failure |
| decline | the process of becoming less in amount, strength or importance |
| liquid | that can be quickly sold or converted into cash |
| assets | property that a company owns |
| bear market | a time when price of shares is falling and a lot of people are selling them |
| supply | amount of things available for use |
| damage | loss and harm |
| goods | things for sale |
Created by:
caddyny
Popular English Vocabulary sets