Unit 10 Approval and Disapproval Money

Language Point Blazer: a jacket, sometimes with the special sign of a school, club etc on it Looks good ON you Looks nice ON you

Language Point Approve (verb) 1. to think that someone or something is good, right, or suitable 1). Catherine's parents now approve of her marriage. 2). I don't approve of cosmetic surgery. 2. to officially accept a plan, proposal etc: The conference approved a proposal for a referendum.

Language Point Approval: Noun 1. (formal) when someone likes something or someone and thinks that they are good nod/smile/clap etc in approval 1). They clapped their hands in approval. 2). His ideas have won widespread public approval (=many people agree with them and think they are good). 3). Does the design meet with your approval (=do you like it?)? 4). Children are always seeking approval from their parents. 5). She looked to Greg for approval.

Language Point 2. When a plan, decision, or person is officially accepted 1). The president has already given his approval to the plan. 2). It is just three months since we received official approval to go ahead with the project. 3). A company cannot be sold without the approval of the shareholders.

Language Point Bargain 1). Noun. something you buy cheaply or for less than its usual price: There are no bargains in the clothes shops at the moment. Good knives don't come at bargain prices. Thousands of bargain hunters (=people looking for things to buy at low prices) queued up for hours. 2). Verb. Bargain to discuss the conditions of a sale, agreement etc, for example to try and get a lower price bargain for workers bargaining for better pay bargain with women bargaining with traders

Language Point Trepidation a feeling of anxiety or fear about something that is going to happen: E.g. With some trepidation, I opened the door.

Language Point Depict (formal) to describe something or someone in writing or speech, or to show them in a painting, picture etc: 1). a book depicting life in pre-revolutionary Russia depict somebody/something as something 1). The god is depicted as a bird with a human head.

Language Point Money-investment Stock / share Stock market Stock exchange Bear market Bull market Dividend: A share of profits received by a stockholder or by a policyholder in a mutual insurance society. Blue chip: A stock that sells at a high price because of public confidence in its long record of steady earnings. Shareholder

Language Point Money-Country Bond: A certificate of debt issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified future date. Futures: Business Commodities or stocks bought or sold upon agreement of delivery in time to come. Securities

Language Point Money-Country Budget Bubble Deficit/red ink Creditor Capital : Tariff Currency Surplus Depression Recession Deflation Inflation Stagflation Devaluate Interest rate

Language Point Money-company Heavy industry Light industry Earnings: the profit that a company or country makes: Revenue: money that a business or organization receives over a period of time, especially from selling goods or services [ ↪ income]: Turnover: the amount of business done during a particular period Tax Inventory: The quantity of goods and materials on hand; stock

American Economy The American economy is currently the biggest in the world. It is a diverse economy that is based on the three sectors of : service, industry and agriculture. The service sector is the biggest component of the US GDP, and includes such businesses as insurance, banking, hotels, travel, restaurants and so on. While the service sector consistently adds to its man power, industrial manufacturing in the US has fallen on hard times in recent years as companies relocate their factories overseas. The main reason for this phenomenon is the high labor cost in the US.

American Economy The industry sector includes such industries as IT, cars, aircraft, steel and oil. Agriculture in the US is very developed and generates all kinds of produce such as wheat, corn, fruits, vegetables, beef and diary. While only a very small percentage of American work in this sector, the contribution of US agriculture to the world economy is huge. Using highly mechanized farming methods and high-tech gear, American farmers feed many countries around world.

Homework Money or health, which one do you think is the most important one in your life?— Debate