Unit 1: Genre Study 3 – Argumentative Text

This list covers "The Economic Roller Coaster" and "Our Federal Reserve at Work."
10 words 240 learners

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Full list of words from this list:

words only definitions & notes
  1. basic
    serving as a base or starting point
    Basically, the economy is about buying and selling.
  2. available
    obtainable or accessible and ready for use or service
    "Supply" refers to how much of something is available, whether it's a natural resource, such as oil or crops, a manufactured product, such as a cell phone, or a service, such as a dry cleaner.
  3. manufacture
    put together out of artificial or natural components
    "Supply" refers to how much of something is available, whether it's a natural resource, such as oil or crops, a manufactured product, such as a cell phone, or a service, such as a dry cleaner.
  4. salary
    fixed payment for services
    Businesses hire workers and pay them salaries for their services.
  5. factor
    anything that contributes causally to a result
    The factors behind supply and demand influence lots of economic decisions, and these decisions affect what you can afford to buy.
  6. formula
    something regarded as a normative example
    If an item is rare, then the supply is low. When a lot of people want the item, the demand is high. That's the formula for high prices.
  7. inventory
    the merchandise that a shop has on hand
    If a company wants to sell off its huge inventory of outdated computers before a new one comes on the market for sale, then the situation is high-supply, low-demand.
  8. fluctuate
    be unstable
    If they are worried about the future, or feel prices may fluctuate, they may not spend as much, and the economy will slow down.
  9. argumentative
    given to or characterized by a tendency to dispute
  10. persuasive
    intended or having the power to induce action or belief
Created on Wed Nov 18 16:09:18 EST 2020 (updated Tue Nov 24 17:41:56 EST 2020)

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