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1000 LS Quest 2 Chapter 2 Vocabulary 4 Global Business


the ability or tendency to move from one position or situation to another usually better one


physical or mental effort : work [

Non-profit (organization)

not existing or done for the purpose of making lots of money


to help (something or someone) to grow, develop, or succeed


a person who belongs to the same age group or social group as someone else


the state of being poor

The private sector

the part of an economy which is not controlled or owned by the government


a member of one of the Christian churches that separated from the Roman Catholic Church in the 16th century

Reach a consensus

all the people in a group agreeing on an idea or opinion


to divide (something) among a group in a different way

Residential school

a type of school requiring students to live at school while taking classes


able to last or continue for a long time on one's own


a way of organizing a society in which major industries are owned and controlled by the government rather than by individual people and companies


a publicly stated opinion


money that is paid usually by a government to keep the price of a product or service low or to help a business or organization to continue to function


an amount of money that a worker is paid based on the number of hours, days, etc., that are worked

Government Policy

an officially accepted set of rules or ideas about what should be done by the government


a government program for poor or unemployed people that helps pay for their food, housing, medical costs, etc

Work ethic

a belief that having a job and working hard is very important

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