Vocabulary 1
Spending money on something in the hopes of a profit (making money)
What is invest?
Money paid regularly to a person in retirement
What is pension?
Aid (help) for the needy
What is relief?
Money paid by the government to those who have lost their job
What is unemployment insurance?
System in which shares of businesses are bought and sold
What is the stock exchange?
Programs giving needy people jobs
What is work relief?
Failure to pay money owed
What is default?
Government money paid for work that benefits the public
What is subsidy?
Projects built with public funds for public use
What is public works?
Political idea favoring dictatorship and glory of the state above individual needs
What is fascism?