Posted in Economics

Econ 2.2 Vocab

Posted on by Scott Biggar
  1. freedom الحرية: able to choose
  2. equity حقوق الملكية: equality, fair
  3. minimum wage الحد الأدنى للأجور: the least money an employer can legally pay
  4. protection الحماية: security
  5. Social Security الضمان الاجتماعي: program that takes care of retired workers and people with disabilities
  6. employment العمالة: jobs
  7. inflation: rise in prices of goods
  8. fixed income الإيرادات الثابتة: income that does not increase as prices go up
  9. fluid: changing constantly
  10. stability الاستقرار: not changing, normal
  11. economic growth النمو الاقتصادي: allows people to have more goods and services
  12. policy السياسة العامة: a rule
  13. conflicting متضاربة: fighting,arguing
  14. resolved حل: fixed, ended
  15. choice الاختيار: option
  16. restriction التقييد: not allowed, prohibited

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