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National Geographic Book 3 Unit 2 Lesson 2
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moderate (adj.)
medium, middle, average
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both (conj.)
one and another
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willing (v.)
want to do; are okay with doing
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luxury (adj.)
something that is expensive and not needed
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profitable (adj.)
it can make a lot of money
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banknotes (n.)
another word for bill
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produce (v.)
another word for make
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inflation (n.)
How prices rise over time in relation to wages
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jewelry (n.)
accessories you wear that are usually made from precious metals
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neither (conj.)
not one or the other
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own (v.)
to have or possess something by right
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stable (adj.)
not much movement
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target (n.)
another word for aim
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trade (n.)
the process of exchanging goods and services for something of value
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transportation (n.)
a way of traveling from A to B
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demand (n.)
how many people want something
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negative (adj.)
another word for bad
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go up (phr.)
another word for rise
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export (v.)
to sell things to foreign countries
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automobile (n.)
another word for car
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import (v.)
to buy things from foreign countries
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hyperinflation (n.)
when prices rise too quickly over a short amount of time
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currency (n.)
the type of money a country uses
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cost (n.)
another word for price
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pros (n.)
something good
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salary (n.)
how much money you make per period of time
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globalization (n.)
how the world is interconnected
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cons (n.)
something bad
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poverty (n.)
the state of having little or no money
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either (conj.)
one or the other
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decade (n.)
10 years
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labor (n.)
how much money a boss has to pay their employees
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rate (n.)
amount of something measured per unit of something else, ex. km/h
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expectation (n.)
something you think is going to happen; anticipate
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deflation (n)
when prices fall
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commodity (n.)
another word for product
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amount (n.)
number or quantity
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