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Economics
Unit One
economics
/ek.??n?m.?ks/
释 n. 经济学
production
释 n. 生产
/pr??d?k.??n/
Economics is the study of how trade, industry, or money is organized.
scarce /ske?s/
释 adj. 稀缺的
In wartime, food is often a scarce resource.
factor
/?f?k.t?r/
释 n. 因素,要素
Price will be a major factor in the success of this
例
product.
The production of steel has risen over the years.
good
/ɡ?d/
释 n. 产品、货物
There is a 25 percent discount on all electrical goods until the end of the week.
service
/?s??.v?s/
释 n. 服务
The service industry can be seen as an indicator of an
economy's level of development.
factors of
production /?f?k.t?rs ?v pr??d?k.??n/
释 n. 生产要素
Factors of production usually include land, labour, capital, and enterprise.
individual /??n.d??v?d?.u.?l/
释 n. adj. 个人,个体;个人的,个体的
entrepreneur
释 n. 企业家
Bill Gates, Elon entrepreneurs.
limited
释 adj. 有限的
/??n.tr?.pr??n??r/
Mask and Jack Ma are all well-respected
/?l?m.?.t?d/
The society is made up of different individuals from all walks of life.
social
/?s??.??l/
释 adj. 社会的,社会性的
Poverty should be considered as a social problem and should be addressed by society as a whole.
material
/m??t??.ri.?l/
n. adj. 物质;物质性的
Raw materials are needed in the production of final goods and services.
well-being
/?wel?bi?.??/
释 n. (由身心健康带来的)幸福感
We are responsible for the care and well-being of our parents.
allocate
/??l.?.ke?t/
v. 分配
The central government will allocate more funds for this project.
People of this region have a limited supply of freshwater.
need
/ni?d/
释 v. n. 需要、需求
Food and shelter are two basic human needs.
want
/w?nt/
释 v. n. 渴望
Not all human wants can be satisfied, considering the nature of the basic economic problem.
finite
/?fa?.na?t/
释 adj. 有限的
We only have a finite amount of resources for this task.
infinite
/??n.f?.n?t/
释 adj. 无限的
The potential of 5G technology is infinite.
resource
/r??z??s/ /?ri?.s??s/
释 n. 资源
The country's greatest resource is the dedication of its workers.
employed
/?m?pl??d/
释 adj. 受雇佣的(人或机械设备
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