Glossary
|
Agricultural |
To do with livestock or arable farming |
Arable |
Type of farming which is based on plants, trees and
crops |
Consumer Goods |
Products designed to be bought by the general public |
IMF (International Monetary Fund) |
If a government needs to buy some foreign currency,
it goes here |
Livestock |
Type of farming based on animals and fish |
Minerals |
Natural resources extracted from the earth |
Strike |
When people in an industry refuse to work, hoping
their bosses will be forced to give them better working
conditions. |
Subsidies |
Money given by the government to an industry to help
it become more profitable |
WTO (World Trade Organisation) |
International organisation whose members agree to
trade fairly with each other |
World Bank |
If a poor country needs loans to develop its
economy, it goes here |