vocabulary unit 2

Question 1

someone who starts their own
business

Answer 1

an entrepreneur

Question 2

relating to someone who starts
their own business

Answer 2

entrepreneurial

Question 3

the activity of making money
by starting or running
businesses

Answer 3

entrepreneurship

Question 4

to help someone emotionally
or in a practical way

Answer 4

to support

Question 5

giving help and
encouragement

Answer 5

supportive

Question 6

someone or something that
gives you ideas

Answer 6

inspiration

Question 7

to give someone the idea for
something, to make someone
feel that they want to do
something and can do it

Answer 7

to inspire

Question 8

giving new ideas; making
somebody want to create
something

Answer 8

inspirational

Question 9

the possibility to succeed

Answer 9

potential

Question 10

to earn more money than you
have spent

Answer 10

to make a profit

Question 11

to spend more money than
you earn

Answer 11

to make a loss

Question 12

making a profit

Answer 12

profitable

Question 13

to lower costs

Answer 13

to cut expenses

Question 14

the necessary costs involved in
production such as rent and
heating

Answer 14

overheads

Question 15

the positive aspects; extras you
receive on top of your salary,
such as a company car

Answer 15

benefits

Question 16

having a good effect

Answer 16

beneficial

Question 17

someone who is paid to work
for someone else

Answer 17

an employee

Question 18

a person or company that pays
people to work for them

Answer 18

an employer

Question 19

a person with the most
important position in a
company

Answer 19

the CEO (Chief Executive Officer)

Question 20

a fixed amount of money that
you receive from your
employer, usually every month

Answer 20

a salary

Question 21

the amount of money a person
regularly receives for their job

Answer 21

a wage

Question 22

what you process into a
finished product

Answer 22

raw materials

Question 23

a new enterprise; a business
that has just begun

Answer 23

a start-up

Question 24

to start a business

Answer 24

to found a company

Question 25

a person who starts an organization

Answer 25

the founder

Question 26

another company in the same industry as yours; an economic enemy

Answer 26

a competitor

Question 27

to try to be more successful or better than somebody else who is trying to do the same as you

Answer 27

to compete

Question 28

wanting to win or be more successful than other people

Answer 28

competitive

Question 29

to receive financial aid from the government

Answer 29

to be subsidized

Question 30

money given by a government to pay part of the cost of something

Answer 30

a subsidy

Question 31

what is on offer and what people want

Answer 31

supply and demand

Question 32

someone who has put money in a company and is part owner

Answer 32

a stockholder / shareholder

Question 33

equal parts that the value of a company is divided into

Answer 33

shares

Question 34

the place where stocks and shares in companies are bought and sold

Answer 34

the stock market

Question 35

to give money to a business because you hope to get a profit

Answer 35

to invest

Question 36

an amount of money you have put into a company

Answer 36

an investment

Question 37

someone who puts money in a business to make a profit

Answer 37

an investor

Question 38

a group of people with the same interests, nationality, job, etc.

Answer 38

a community

Question 39

a group of people who sing together

Answer 39

a choir

Question 40

a large, angry crowd that could easily become violent

Answer 40

a mob

Question 41

to collect or to come together

Answer 41

to gather

Question 42

shared by every member of a group

Answer 42

collective

Question 43

getting a large number of people to each give small amounts of money in order to finance a project, typically using the internet

Answer 43

crowdfunding

Question 44

giving tasks to a large group of people by asking for help on the internet

Answer 44

crowdsourcing

Question 45

someone who takes part in an activity

Answer 45

a participant

Question 46

someone who is watching an activity but is not taking part in it

Answer 46

a bystander

Question 47

to take part in an activity

Answer 47

to participate

Question 48

a person who does something for free / without having to in order to help others

Answer 48

a volunteer

Question 49

to offer to do something without getting paid for it

Answer 49

to volunteer

Question 50

to work together

Answer 50

to collaborate

Question 51

the situation of people working together to create something

Answer 51

collaboration

Question 52

to give something in order to achieve something together with other people

Answer 52

to contribute

Question 53

something that you do to help produce something, or to help make something successful

Answer 53

a contribution

Question 54

If something is addictive, it makes people unable to stop using/doing it

Answer 54

addictive