Unit 2 Flashcards
Abysmal
Adj. Very bad
Free market
Demand for goods and services is either not regulated or is slightly regulated
Planned Economy
Production, allocation, and consumption of goods and services is planned also known as “command economy”
Capitalism
An economic and political system in which country ‘s industry and trade are controlled by private owners rather than the government.
Accretion
N. Growth in size or increase in amount
Accrue
V. To accumulate; grow by additions
Adamant
Adj. Uncompromising; unyielding
Adjunct
N. Something added, attached, or joined
Admonish
V. To caution or reprimand
Adulterate
V. To corrupt or make impure
Aesthetic
Adj. Relating to beauty or art
Asethete
Someone who cultivates a special sensitivity to beauty; often the word refers to person whose interest in beauty and art is regarded as excessive or superficial
Affected
Adj. Pretentious, phony
Affinity
N. Fondness; liking; similarity