Advanced vocabulary Flashcards
Standard of living
Refers to the type of life you have, according to the amount of money you have.
Buying power
Ability to buy certain goods or services.
Income gap
Difference in income between one group or another.
Have-nots
People who have very little or no money.
Cost of living
amount of money you need in order to pay your basics, such as food and shelter.
Quality of life
enjoyment of life at basic level, which includes being happy and healthy, rather than having lots of money.
Rate
degree of speed or progress.
Trade
activity of buying, selling or exchanging goods or services between people, countries, etc.
Profitable
result of something that has benefit for you.
Striking
something that is very noticeable or unusual.
Whether
to talk about a choice or doubt between two or more alternatives. / to say that something is true in any of the circumstances that you mention.
Passing fashion
something that becomes very succesful and fashionable but then very quickly, goes out of fashion and stops being succesful.
Buzz
if there’s buzz around something, people are interested in it and talking about it on social media and on TV or radio.
Upmarket
upmarket goods or services are very expensive and are made for people who are prepared to spend a lot of money on them.
Got off on the wrong foot
to have a bad start.
Got cold feet
whithdraw from doing something that makes you feel anxious.