2.1

Question 1

Capitalism

Answer 1

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.

Question 2

Profit

Answer 2

A financial gain or increase.

Question 3

Invest

Answer 3

put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

Question 4

Free Market

Answer 4

an economic system in which prices are determined by unrestricted competition between privately owned businesses

Question 5

Exploitation

Answer 5

The action or fact of treating someone unfairly in order to benefit from their work.

Question 6

Credit

Answer 6

the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

Question 7

Speculation

Answer 7

investment in stocks, property, etc. in the hope of gain but with the risk of loss.

Question 8

Buying on margin

Answer 8

borrowing money in order to purchase stocks

Question 9

Tariffs

Answer 9

a tax or duty to be paid on a particular class of imports or exports.

Question 10

Shares

Question 11

Shares

Answer 11

one of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits.

Question 12

Stock

Answer 12

the capital raised by a company or corporation through the issue and subscription of shares.

Question 13

Regulation

Answer 13

a rule or directive made and maintained by an authority