Reading

1. GDP (gross domestic product)

2. Upturn

3. Downturn

4. Consumption

5. Expectations

6. Balance of payment

7. Save

8. Demand

9. Supply

Discussion

“Creative Destruction”

- Benefit:

- Negative:

People much lazier, inactive -> suffer from bad health condition

Environment: pollution, air, noise <- a lot of vehicles

Boost – stimulate

Decrease – reduce

Depression – slump

Excess – surplus

Expand – grow

Expediture – spending

Output -