Question

Match the vocabulary word with its meaning.

Answer 1

Answer:

The answers of the question are given below.

1.Capital=  Money put into a bank or company for the purpose of making profit.( Capital is an economic term which is used in the banking. Capital is constant until it is taken by the owner,and based on the capital the owner will receive the interest)

2.Embargo= Refusal to trade goods with another nation.( When the relation between two country becomes cold the business between the countries also get restricted. When a country decide to not to sell goods in the other country is known as embargo)

3.Globalization= The process of conducting business on a global scale.( Globalization word is derived from globe or world which means connecting to the world)

4.Investment= Money that is used to produce greater wealth.(Investment is an economic term which is necessary to start any business. Because to start a business there is certain things to build which requires money and this is called as investment)

5. Socialism= An economic system where all the business is controlled by people share equally in the profits.( It is a theory where the state will control the production and the profit will be divided equally among the producers)

Explanation: