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HOW AN ECONOMY GROWS AND WHY IT CRASHES (BY PETER SCHIFF)

83,094 views

Intro:

Video Vocabulary

/ˈprīˌmerē/

adjective noun verb

principal. preliminary election. run as opponent of incumbent in preliminary election.

noun verb

Improvement or development. move forward.

/ˈprēvēəslē/

adverb

at previous or earlier time.

/ˈɡrōiNG/

adjective noun verb

Developing, maturing. Act of cultivating plants for food. To develop and become bigger or taller over time.

/ˈrēˌsôrs/

noun other verb

stock or supply of money, materials, staff, and other assets. Essential supplies of some things. To obtain (e.g. oil, gas) from its source.

/ˈtākəˌwā/

noun

Employee benefit deleted in union contract.

/ˈkänˌsept/

noun other

abstract idea. Abstract ideas of some things or how it works.

/fəˈnan(t)SHəl/

adjective noun

Involving money. organization's finances.

/rēCH/

verb

To be long enough to get to a certain place.

/ˈfrēdəm/

noun

power to act or speak freely.

/houˈevər/

adverb conjunction

used to introduce statement that contrasts with or seems to contradict something that has been said previously. (Used to introduce a counter statement).

/dəˈskəv(ə)rē/

noun

Learning something for the first time.

/akˌseləˈrāSH(ə)n/

noun

Increase in the speed or rate of something.

/dəˈskəv(ə)rē/

noun other

action or process of discovering or being discovered. Learning some things for the first time.

/ˈsmärtˌfōn/

noun

A telephone that has applications.

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