Vocabulary Unit 6
Com|mod|ity (n) A substance, material or product that can be
traded, bought or sold.
Car|tel (n) A group of similar businesses who join together
in order to control prices and prevent competition.
Re|ces|sion (n) A period when the economy of a country is not
successful and conditions for business are bad.
Mo|nopo|ly (n) The complete control of an area of business,
so the others could not become involved in.
In|fla|tion (n) A general progressive increase in the prices of
goods and services in a country.