Vocabulary is defined according to the context in which it is used in the book.
A
absenteeism how often a worker does not go to work
abuse misuse/the wrong use
accumulation a gradual increase over a period of time
acid rain rain that contains acid which can harm the environment
addictive something your body needs regularly and you cannot stop taking it
ally a person or organization that cooperates with or helps another in a particular activity
apprenticeships the process of learning a trade by working for an employer
arms industry businesses that produce/provide weapons
assembly line an arrangement of workers and machines in a factory along which the good being made passes from one operation to the next until the good is completed
assumption(s) something thought/believed to be true but without proof
B
ban official order stopping something from being used/done
bankrupt stopped trading permanently due to a lack of money
bankruptcy having to stop trading permanently due to a lack of money
barber a shop where men’s hair is cut
bureaucratic involving many official processes/rules
burglaries breaking into buildings and stealing things
C
capacity the amount of something a firm is able to make
charge(s) police statement(s) saying someone may be guilty of a crime
child allowance money given by the government to families with children
collude come to a secret understanding
confess admit to doing something wrong
conserved saved/used more sparingly
conviction court decision that someone is guilty of a crime
copyright(s) legal right(s) to be the only person/company that can produce a book/perform a play/song
corruption illegal/immoral behavior particularly by person(s) in power
customs the place at a port, airport or frontier where officials check incoming goods, travellers, or luggage
D
degradation becoming worse in condition
depletion reduction in amount
deregulation the removal of government rules/controls from business activity
differentiate make different
dilemma difficult choice
diversification the making of different products or getting involved in new business areas
E
elite a group of people with a high level of power/influence because they have money/knowledge/skills
enforce make people obey rules/laws
enforcing making people obey rules/laws
equalization the act of making equal/the same
equity fair treatment for everyone
exaggerating making something sound better than it really is
exceed(s) are/is greater than
exhausted used up completely
explicit expressed in a clear and direct way
exploitation making use of something to gain maximum profit from it
eyesore something that is very ugly
F
facilitate make easy/possible
flood barrier a structure that stops/slows down the overflow of water
flood defences structures put into place to protect dry areas from water
fluctuation(s) frequent change(s) especially from a high to a low level and back again
forum public meeting/debate opportunity
G
government franchise the right, sometimes exclusive, to produce a good or service officially granted a firm by a government
graze feed on grass
I
implicit describes something that is understood but not often directly stated
incrementally increasing slowly and in regular amounts/values
indefinitely not having a known/clear end point
infrastructure the basic structure/systems of a country (e.g. roads/railways)
injection putting money into a plan/organization
interact affect each other/act together
intersect cut across or through
J
judicial system relating to the law and the decisions that court judges make
L
labour union(s) organization(s) formed by workers to protect their rights
landlocked a country that is surrounded by other countries
lay off (workers) temporarily end workers' employment due to a lack of work
legally allowed by law
legislation law/set of laws
licence a permit from an authority to own or use something, to do a particular thing, or to carry on a trade
M
made redundant being told by your employer that there is no longer a job for you
malnourished ill/weak due to a lack of (good) food
marketing advertising and promotion
maximized made as great as possible
mines deep holes in the ground used for removing coal, gold etc.
N
national defence the systems that a country uses to defend itself against attack
necessitates makes something necessary
negotiate reach an agreement through discussion
O
ore rock or earth from which metal can be taken
P
patent a government license that gives the holder exclusive rights to a process, design, or new invention for a designated period of time. It gives a firm the right to stop another firm from making, using or selling that which has been granted a patent.
persistent continues to exist/happen for a long time
plea bargain(s) agreeing to say something in court which shortens your jail time
plumber someone whose job is to repair water pipes
potential possible, as opposed to actual
prisoner(s) person/people in jail
prohibition making something illegal/against the law
prosecutor court lawyer trying to prove someone is guilty of a crime
R
ration card a card/voucher issued by a government to let the holder get goods that are in short supply
reform(s) change(s)/improvement(s) to a law/system to make it fairer/more effective
reserve(s) supply(ies) of something that is/are kept and used when needed
respiratory related to breathing/the lungs
S
sanitation the removal/treatment of waste/water
sewage a mixture of human waste and used water
shut down stop operating
slope the angle/gradient of the curve
social unrest people/society protesting/behaving violently in response to a political situation
society a group of individuals involved with each other in some way. In economics it often refers to the three main stakeholders, the consumers, the producers, and government.
speculation investing hoping to gain, but with the risk of loss
steep how high/big the angle/gradient is
steeper has a higher/bigger angle/gradient
steepness the height/size of the angle/gradient
sue make a legal claim for harm done
sustainable able to be continued/maintained
T
third parties people indirectly involved with/affected by an agreement/legal case between other people
time lag(s) period(s) of time between two linked events
trade union(s) professional/trade organization(s) that represent workers in disputes with employers
trade-off a situation that involves giving up something in return for gaining another thing
trademark(s) special name(s)/mark(s)/word(s) on a product that show which company made it
trading buying/selling of large quantities of goods especially between countries
trawlers type of fishing boat
treaty(ies) formal written agreement(s) between countries/governments
trial looking at evidence in a court to see if someone is guilty of a crime
U
unification joining together
uniform being the same in all its parts
W
written off cancelled
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