Wonders U1W1 Flashcards
Unit 1 Week 1 Vocab
What does prosper mean?
To be successful; to do very well; to grow. For instance, “After a lot of hard work on the farm, the plants began to prosper.”
What is the definition of risk?
A chance of loss or harm. For example, “Police officers risk their lives protecting the community from criminals.”
What are wages?
Payments for doing work and getting it done. For instance, “We got wages for mowing our neighbors’ lawns.”
What defines scarce?
Something difficult to get or find. For example, “In the barren lands of deserts, animals have adapted and can survive with very scarce food and water.”
What are savings?
Money that is saved or set aside. For example, “Ryan used his savings to buy himself a new video game.”
What is a loan?
Borrowed money. For instance, “Ellie asked her uncle if she could have a loan of $10 to pay for her damaged library book.”
What is the definition of afford?
To have enough money to buy or pay for something. For instance, “Tom couldn’t afford the new book.”
What defines profit?
The amount of money left after all of the costs of running a business have been paid. For example, “After everyone bought books from the book stand, the manager got $40 of profit.”
