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Flashcard Set Social Studies

History 8.4

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Words taken from chapter 8.4

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Terms and definitions

Everything in this flashcard set.

Capital
Wealth in the form of money or property owned by a person or business and human resources
Inflation
A general and progressive increase in prices
Pensioners
The beneficiary of a ___ fund (plural)
Petroleum
A dark oil consisting mainly of hydrocarbons
Economic
Of or relating to an ___, the system of production and management of material wealth
Sovereignty
The authority of a state to govern another state
Hydroelectric
Of or relating to or used in the production of electricity by waterpower
Deficit
The property of being an amount by which something is less than expected or required

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