Vocabulary

• based on: To use something as the foundation or starting point for something else.
• such as: For example; like
• over time: Gradually; as time passes.
• in the first place: To begin with; as the first point or consideration.
• in fact: Used to emphasize the truth of a statement, especially one that contrasts with or contradicts something else.
• threat to: A person or thing likely to cause damage or danger.
• at least: As a minimum
• on average: Typically; usually; based on an average calculation.
• catch up: To become equal with another person
• together with: In addition to; along with.
• western countries: Countries generally located in Europe and North America, characterized by democratic governments and capitalist economies.
• come up with: To think of an idea or solution; produce
• have to: Must do
• to the point: Expressing something directly and without unnecessary detail.
• care of: Used in an address to indicate the person who will receive the mail for someone else.
• get out of: To leave or escape responsibilities, troubles
• pay off: To give money to get person to do something; bribe
• used to: Did regularly before, but don't do now
• in the world: Used to emphasize a question expressing surprise, confusion, or disbelief.
• get back to: To get in contact with someone again
• talking about: To discuss a particular topic.
• at the same time: Simultaneously; at the identical moment.
• same time: Occurring simultaneously or at the same point in time.
• on paper: In theory or as a plan, but not necessarily in reality.
• extremely: In a way that is much more than usual or expected
• alternative: Something different you can choose
• crisis: Unstable situation of extreme danger or difficulty
• determine: To control exactly how something will be or act
• completely: In every way or as much as possible
• sense: Certain mental feeling or emotion
• exact: Completely correct; accurate; specific
• purpose: Reason for which something is done; aim; goal
• represent: To depict art objects, figures, scenes; to portray
• influence: To affect or change something indirectly
• financial: Involving money
• debt: Sum of money owed to someone that is not yet paid
• currency: Widespread acceptance
• capital: Writing the first letter of a word in big letters
• instantly: In a manner without delay; immediately
• inflation: Act of filling something with air or gas
• simply: In an easy or clear manner
• challenge: An activity you wish to try that may be hard to do
• compare: To consider how similar and different things are
• threat: Warning of probable trouble
• tension: Feeling of anxiety and inability to relax
• suddenly: In an unexpected or very quick manner
• create: To make, cause, or bring into existence
• option: A choice
• rate: To assess something or consider its qualities
• interest: Best or most advantageous thing for someone
• trade: A specific industry, e.g. shoe making
• economy: Using money, resources in a careful, effective way
• monetary: Concerning a country's economic system
• stage: To organize an event to gain public interest
• place: To put someone in a particular type of situation
• single: One run in cricket or a hit baseball
• important: Having power or authority
• british: Concerning the culture and people of British
• order: Religious or social group, as of nuns
• benchmark: Standard by which other similar things are judged
• hike: Large and unexpected increase in price, level etc.
• overtake: To pass and go in front of another car
• devalue: To reduce the value or worth of a currency, etc.
• yuan: Unit of money in China