1.
Inflation : A general increase in prices and fall in the purchasing value of money.
2.
Recession : A period of temporary economic decline marked by reduced trade and industrial activity.
3.
Monopoly : Exclusive control of a product or service by a single company.
4.
Globalization : The increasing interconnectedness of economies, cultures, and populations worldwide.
5.
Equity : Ownership in a company, usually in the form of stocks or shares.
6.
Microeconomics : The study of individual and business-level economic decision making.
7.
Investment : The act of putting money into ventures with the expectation of earning profit.
8.
Profit : The financial gain after subtracting expenses from revenue.
9.
Budget : A financial plan showing expected income and expenses over a period.
10.
Tariff : A tax or duty imposed on imported goods and services.
