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Economic Problems
Define to word
5
Economics
Undergraduate 1
11/06/2012

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Term
incentive
Definition
(adj,positive)motivation with
financial or social reward
EX: The company is offering a special low price as an added incentive for new customers.
Term
resource
Definition
(noun ,positive) a source of economic wealth
Ex: Oil is essentially their only resource.
Term
investment
Definition
(noun,positive)the act of investing money
Term
budget
Definition
(noun,positive) an estimate,expected income and expense for a given period in the future
Ex: We'll have to work out a budget so we can buy a new car.
Term
maximise
Definition
(verb,positive)to increase to the greatest possible degree
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