VIP Class Notes (George)
Homework
Finish page 27 for homework and bring your notebook to correct the writing next time.
Vocabulary
Estimate- When you think of a number or something but aren’t very sure, it’s only an estimate.
e.g. I estimate that this table is 2.5m long but I’m not sure.
Purchase- to buy something
e.g. I purchased a new backpack yesterday.
Profits- Extra money that is over what you’ve already spent
e.g. When you have a business, you always try to make profit.
Paycheck- the money you make from work
e.g. I don’t spend my paycheck, I save it.
Owe- how much money you have to give to someone.
e.g. I owe my mom a lot of money because she paid for my trip.
Corporations- big business companies.
e.g. Wanda is a very big Chinese corporation.
Society- a group of people.
e.g. We live in society, not by ourselves.
Congress -a group of government people
e.g. The congress ruled that we should increase taxes.
Approval- to allow someone to do something.
e.g. You have approval to finish class early.
Representatives- Someone who acts on your part, who does things for you.
e.g. Your mom is usually your representative when you’re young.
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