| Term | Definition |
| competition | a situation in which people or organizations try to be more successful than other people or organizations in acompetitive on contrest way |
| living standard | the amount of wealth, comfort, and other things that a particular person, group, country etc has as its normal on general standard |
| welfare system | money paid by the government to people in need, for example, the unemployed |
| give-and-take | a willingness between two people or groups to understand each other, and to let each other have or do some of the things they want |
| gather pace | increasing in speed; happening quicker |
| rule the roost | to control; to have control over someone or something like a home or office |
| influence | the power to affect the way someone or something develops, behaves, or thinks |
| firm | a business or company, especially a small one |
| exotic | something that is different and exciting exotic seems unusual and interesting because it is related to a foreign country |