Economic Flashcards
commercialisation of childhood is being led by greedy corporations
- companies/firms exploited children
- by commodifying childhood
profit
income-earnings
impeccable
(adj.) perfect without any mistakes
Eg: In fulfilling its responsibilities, the WFP has to ensure impeccable standards and optimal use of funds
outlay
(n.) an amt of money spent on something
opulence
(n.) great wealth, lavishness, luxury
Eg: People who have great wealth love a life of opulence while the poor do not have enough to eat.
obliterate
(v.) destroy completely, wipe out
Eg: All the governments thus strive to achieve higher economic growth and to obliterate poverty
pecuniary
(adj.) financial, consisting of money
Eg: Financial industry would be immediately impacted and could have pecuniary problems
delineate
(v.) outline, define
Eg: The Women’s Wing of the PAP’s role as delineated in its visions
derail
(v. ) to spoil or interrupt a plan, agreement
eg: The good effects of antibiotics have been derailed by improper use of antibiotics.
embargo
(n. ) official ban on reade or other commercial community with a particular country
(v. ) impose an official ban on trade
eg: There would be no reade embargos on NK
stockpile
(v. ) accumulate in a large stock of
eg: It has stockpiled chemical weapons in SK
disburse
(v. ) to pay out money, spend, expend
eg: MediShield Life has disbursed $136 million to cover 95000 claims.
emolument
(n. ) payment, remuneration
eg: Facebook receives emoluments from political advertising and strives to be politically balanced.
tariffs
(n. ) tax, duty paid on a particular class of imports
eg: The reduction of trade barriers and import tariffs.
dissolution
(n. ) the action of formally ending or dismissing a partnership
eg: The dissolution of their tie/ marriage.