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This set of flashcards includes terms and definitions from the Spring Vocabulary List for Reading Explorer 4 covering Units 6 to 10, useful for exam preparation.
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What does the term 'durable' signify?
Refers to goods that are able to withstand wear, pressure, or damage.
What is the definition of 'commodity'?
A raw material or primary agricultural product that can be bought and sold.
Define 'scarity'.
The state of being in short supply; lack of sufficient resources.
What does 'contemporary' mean?
Living or occurring at the same time; modern.
What is the outcome of 'collaborate' in a team environment?
Working together to achieve a common goal.
'Evolutionary' refers to what concept?
Relating to the gradual development of something.
What does 'remorse' mean?
Deep regret or guilt for a wrong committed.
Define 'volatility'.
The tendency of a market or security to experience large price swings.
What is a synonym for 'compelling'?
Attractive or interesting; evoking interest or attention.
What does 'anonymity' mean?
The condition of being unknown or unacknowledged.