Finance Flashcards
Consumerism
preoccupation of society with the acquisition of consumer goods
Greed
excessive desire to have or own things
Poverty
the condition of being extremely poor
Inequality
the unfair situation in society when some people have more opportunities, money, etc. than other people
Economic growth
an increase in the economy of a country or an area, especially of the value of goods and services the country or area produces
Affordable
not expensive
Wealth distribution
distribution of wealth and income, the way in which the wealth and income of a nation are divided among its population, or the way in which the wealth and income of the world are divided among nations
Standard of living
the amount of money and comfort people have in a particular society
Equality
the right of different groups of people to have a similar social position and receive the same treatment
Bias
the action of supporting or opposing a particular person or thing in an unfair way, because of allowing personal opinions to influence your judgment
Pay gap
the difference between the average pay of two different groups of people, for example, men and women
Equal opportunities
the idea that men and women, people of different races, religions, etc. should all be treated fairly and have the same opportunities, especially relating to employment
Misogynistic
