Vocabulary
My best friend is working at a new company and she is ________. She loves it there!
thriving
I _________(watch) the Superbowl at my friend's house yesterday. I really only _________(go) because of the good snacks!
watched, went
Every morning, Bill______(drink), _________(read) the news, and ______ (eat) breakfast.
drinks, reads, eats
SPEED
True or False
The bank can take your collateral if you fail to repay a loan.
True
It could be difficult to be married to an ______________ because their income might not be stable.
entrepreneur
SPEED
All over the US, many people struggle to find _________ housing.
affordable
SPEED
When I was a child, I always ______ (want) to be able to fly.
wanted
Currently, Sarah __________ (work) on finishing her Master's degree in nursing so that she can get a raise.
is working
According to the video "We are not what we earn", what two things determine people's salary?
Supply and Demand
He ________ (study) for over 3 hours and needs to take a break soon.
has been studying
Generally, an ____________ needs some sort of _________ to fund and start an enterprise.
entrepeneur, capital
Simple past/Past Perfect
I ________ (not recognize) my friend because she ________ (dye) her hair blue.
didn't recognize, had dyed
SPEED
She ________ (be) to that park before, but she wants to go again.
has been
Who were the 3 people who needed flexible loans in the Kiva Labs video?
Farmer, college student, wheelbarrow transport guy
SPEED
In the listening about microfinance...
The Bengali woman originally had 3 and then had 12 ___________ (type of animal)
Chickens
One of the pitfalls of microfinance is that low income borrowers might have an issue repaying and become __________. Then they will _________ on their loan.
overextended, default
She did so many things last weekend. She ______ (visit) her friend in Canada, _______ (work) two shifts at the hospital, and _______ (buy) her wedding dress.
visited, worked, bought
has been traveling
Name 2 risks and/or drawbacks of microfinance.
Overextended, don't own business, takes years to be successful, sometime only move from extreme poverty to moderate poverty,
This morning I _____ (wake up) late because I ________ (forget) to set an alarm last night.
woke up, had forgotten
To borrow large amounts of money, a person usually needs to be __________ and also have a house or business that they can use as __________.
creditworthy, collateral
My phone __________ (not work) because I _________ (drop) it in the pool on accident.
didn't work, had dropped
She ________ (not have) swim lessons very long, but she _____________(do) really well so far.
has not had, has been doing/has done.
Name two reasons college should be free and two reasons college shouldn't be free.
Free: close social polarization gap, right to have college, higher skills to earn higher income, reduce debt
Not Free: Quality lowers, taxes aren't fair, motivation lowers, expensive for government.
What are some benefits of microfinance for families in poverty?
Name 3
work for selves with reasonable amount of capital, children go to school, food, medicine/health, safety net, sustainable, shift from extreme to moderate poverty