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TELL ME WHY.UNIT 77
WHY CAN AUSTERITY BE A CHOICE FOR SOME AND A NECESSITY FOR OTHERS?
| DEFINITION | TERM |
|---|---|
| Living with few luxuries; policies to reduce government budget deficits. | austerity |
| Severe, unpleasant or difficult to experience. | harsh |
| Money used to buy things or pay for services. | spending |
| Producing a sharp, dry sensation in the mouth. | astringent |
| Money received from work, investments or other sources. | income |
| Careful with money and good at avoiding waste. | thrifty |
| Living simply and avoiding unnecessary expenses. | frugal |
| Unwilling to spend or give money; disapproving. | tight-fisted |
| Using more money or resources than is necessary. | wasteful |
| To pay for something or suffer its negative consequences. | bear the cost |
| Available money, or a plan for how to spend it. | budget |
| To provide money to pay for something. | to finance |
| To help pay for something so it costs users less. | to subsidise |
| The price paid for a journey on public transport. | fare |
| Treating people justly, considering their circumstances. | fairness |