ENGLISH VOCAB
ENGLISH VOCAB (Continued)
ENG VOCAB (Cont.)
ECONOMIC TERMS
ECONOMIC TERMS
100

The general character or attitude of a place, piece of writing, situation, etc.

What is "Tone"?

100

A joke exploiting the different possible meanings of a word or the fact that there are words that sound alike but have different meanings.

What is "Pun"?

100

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable.

What is "Metaphor"?

100

The human-made resource that is used to produce other goods and services.

What is "Capital"

100

Trends in the world market that include a shift from local to global markets that result in companies relocating jobs or facilities to another country.

What is "Globalization"?

200

An expression designed to call something to mind without mentioning it explicitly; an indirect or passing reference.

What is "Allusion"?

200

The subject of a talk, a piece of writing, a person's thoughts, or an exhibition; a topic.

What is "Theme"?

200

A supporting piece of information printed at the bottom of a page.

What is "Footnote"?

200

Limited quantities of resources to meet unlimited wants.

What is "Scarcity"

200

"an agreement in which one company hires another company to be responsible for an existing internal activity."

What is "Outsourcing"?

300

A typical character, an action, or a situation that seems to represent universal patterns of human nature

What is "Archetype"?

300

A description of the distinctive nature or features of someone or something


What is "Characterization"?

300

The representation of an abstract quality in human form.

What is "Personification"?

300

Ambitious leaders who decide how to combine land, labor, and capital resources to create new goods and services.

What is "Entrepreneurs"

300

Money as a "Medium of Exchange", "...a Unit of Account", and a "Store of Value".

What are the "Three Uses of Money"?

400

The expression of one's meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect.

What is "Irony"?

400

The narrator's position in relation to the story being told

What is "Point of View"?

400

Words have been put in a format that can appeal to the reader.

What is "Inverted Syntax"?

400

The most desirable alternative given up as the result of a decision.

What is "Opportunity Cost"

400

Taxes that fund two large government programs, Social Security and Medicare.

What is "FICA" (Federal Insurance Contributions Act)?

500

The occurrence of the same letter or sound at the beginning of adjacent or closely connected words.

What is "Alliteration"?

500

A reactionary/emotional passage in a speech or poem addressed to a person (typically one who is dead or absent) or thing (typically one that is personified).

What is "Apostrophe"?

500

Verbal constructions in poetry or prose that correspond in grammatical structure, sound, meter, meaning, etc.

What is "Parallelism"?

500

A government payment that supports a business or market.

What is a "Subsidy"

500

1.  This policy tries to increase output.

2.  This policy is intended to decrease output.


1.  What is the "Expansionary Policy"?

2.  What is the "Contractionary Policy"?