EVU 45 Economy and Finance

13 important questions on EVU 45 Economy and Finance

Devolpment which can continue over a long time

Sustainable development

Showing that you are not willing to let anything prevent you from doing what you have decided to do

Determined effort

Giving to be used for a particular purpose

Allocating funds
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Money to help develop

Development grants

Completey get rid of something bad (armoede)

Eradicate poverty

The placing of restrictions on import

Restrictive practices

Restrictions on what a country may import/export

Sanctions

Total prohibitions on importing/exporting certain goods

Embargoes

Economies in a bad state

Ailing

Reduction/Increase in value against other currencies


Devaluation
Revaluation

Recession which ends and then begins again after a short time

Double-dip

Serious fall/collapse in prices

Slump in prices

Give the economy a lift

Boost the economy

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