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WorksheetsUS 2.0 Vocabulary
Total questions: 36
Worksheet time: 18mins
What is the definition of capitalism?
The process of turning metal into coins
An economic system where trade and industry are controlled by private owners for profit, rather than by the government
A company that is legally separate from its owners
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
What is the definition of coinage?
The process of turning metal into coins
A portion of a company’s profits paid to shareholders
A business strategy in which a company expands its operations at the same stage of the supply chain in its industry
The desire and ability of consumers to purchase goods or services at a given price
What is the definition of corporation?
A company that is legally separate from its owners
The practice of cutting flat areas into slopes to create farmland and reduce erosion
Exclusive control of a product or service in a particular market
A form of government in which power is held by a small group of people
What is the definition of crop rotation?
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
The combination of two or more companies into one
Large-scale manufacturing of goods using standardized designs and assembly-line techniques
The amount of a good or service available for sale at a given price
What is the definition of demand?
The desire and ability of consumers to purchase goods or services at a given price
A share in the ownership and profits of a company
Someone who helps fund organizations by investing and loaning large amounts of money
A policy or attitude of letting things take their own course without interfering
What is the definition of dividend?
A) A portion of a company’s profits paid to shareholders
B) The process of turning metal into coins
C) The development of an area to gain more attributes of a city, including a higher population
D) An economic system where prices are determined by supply and demand with little or no government control
What is the definition of entrepreneur?
A) A person who takes the risk to organize resources to produce a new or better good or service in hopes of gaining a profit
B) The practice of cutting flat areas into slopes to create farmland and reduce erosion
C) The combination of two or more companies into one
D) A form of government in which power is held by a small group of people
What is the definition of financier?
Someone who helps fund organizations by investing and loaning large amounts of money
The process of turning metal into coins
The amount of a good or service available for sale at a given price
A company that is legally separate from its owners
What is the definition of free market?
An economic system where prices are determined by supply and demand with little or no government control
The desire and ability of consumers to purchase goods or services at a given price
Exclusive control of a product or service in a particular market
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
What is the definition of horizontal integration?
A business strategy in which a company expands its operations at the same stage of the supply chain in its industry
The process of turning metal into coins
The combination of two or more companies into one
A share in the ownership and profits of a company
What is the definition of infrastructure?
The basic structures that help communities run, such as roads, ports, aqueducts, powerplants, and communication systems
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
A policy or attitude of letting things take their own course without interfering
The process of turning metal into coins
What is the definition of invest?
To put time or money into something in the hopes of earning a future benefit, usually more money
The combination of two or more companies into one
The amount of a good or service available for sale at a given price
A form of government in which power is held by a small group of people
What is the definition of laissez-faire?
A policy or attitude of letting things take their own course without interfering
The process of turning metal into coins
The practice of cutting flat areas into slopes to create farmland and reduce erosion
The desire and ability of consumers to purchase goods or services at a given price
What is the definition of mass production?
Large-scale manufacturing of goods using standardized designs and assembly-line techniques
The combination of two or more companies into one
The development of an area to gain more attributes of a city, including a higher population
A share in the ownership and profits of a company
What is the definition of merger?
The combination of two or more companies into one
The process of turning metal into coins
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
The amount of a good or service available for sale at a given price
What is the definition of monopoly?
Exclusive control of a product or service in a particular market
The desire and ability of consumers to purchase goods or services at a given price
A company that is legally separate from its owners
The practice of cutting flat areas into slopes to create farmland and reduce erosion
What is the definition of oligarchy?
A form of government in which power is held by a small group of people
The process of turning metal into coins
The combination of two or more companies into one
The amount of a good or service available for sale at a given price
What is the definition of stock?
A share in the ownership and profits of a company
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
The development of an area to gain more attributes of a city, including a higher population
The process of turning metal into coins
What is the definition of supply?
The amount of a good or service available for sale at a given price
The combination of two or more companies into one
The process of turning metal into coins
The desire and ability of consumers to purchase goods or services at a given price
What is the definition of terracing?
The practice of cutting flat areas into slopes to create farmland and reduce erosion
The process of turning metal into coins
The combination of two or more companies into one
The amount of a good or service available for sale at a given price
What is the definition of trust?
An organizational structure that gives control over several businesses to a single board of trustees with the purpose of monopolizing a market
The process of turning metal into coins
The combination of two or more companies into one
The amount of a good or service available for sale at a given price
What is the definition of urbanization?
The development of an area to gain more attributes of a city, including a higher population
The process of turning metal into coins
The combination of two or more companies into one
The amount of a good or service available for sale at a given price
What is the term for the following definition: a business strategy in which a company expands its operations to take ownership of two or more stages of the supply chain in its industry?
vertical integration
horizontal integration
outsourcing
franchising
What is the term for the following definition: prejudice against or hatred of Jewish people?
antisemitism
xenophobia
islamophobia
misogyny
What is the term for the following definition: a device that stores and provides electrical energy?
battery
resistor
switch
motor
What is the term for the following definition: something that is new, inexperienced, or just beginning?
fledgling
veteran
expert
ancestor
What is the term for the following definition: to create or produce something?
generate
destroy
ignore
reduce
What is the term for the following definition: an organized society or club based on common ties or goals?
fraternal organization
monarchy
oligarchy
corporation
What is the term for the following definition: to light up or make clear?
illuminate
obscure
diminish
confuse
neglect
What is the term for the following definition: glowing or white with heat?
incandescent
opaque
frigid
translucent
What is the term for the following definition: loyalty and devotion to one’s country and support for its interests above those of other countries or peoples?
nationalism
globalization
federalism
multiculturalism
What is the term for the following definition: a political approach that focuses on appealing to people who feel mistreated or overlooked by the elites?
populism
technocracy
oligarchy
meritocracy
What is the term for the following definition: a person who rejects authority, especially government authority, and sees it as harmful?
anarchist
pacifist
capitalist
nationalist
What is the term for the following definition: over-the-counter products prior to government regulation of them that promised cures and often had dangerous or undisclosed ingredients?
patent medicine
antibiotics
prescription drugs
herbal supplements
What is the term for the following definition: the study of the processes of work?
scientific management
macroeconomics
sociology
ergonomics
What is the term for the following definition: a group whose activities and membership are concealed from non-members?
secret society
public organization
open forum
community club
