F2F Class Notes 26th October (Raph)

Globalization (n): 1- the process by which businesses or other organizations develop international influence or start operating on an international scale.
E.g.: He talked about the increasing globalization of the world economy.

Capitalism (n): 1- a way of organizing an economy so that the things that are used to make and transport products (such as land, oil, factories, ships, etc.) are owned by individual people and companies rather than by the government.
E.g.: He firmly believe in the principles of Capitalism.

Communism (n): 1- a way of organizing a society in which the government owns the things that are used to make and transport products (such as land, oil, factories, ships, etc.) and there is no privately owned property.
E.g.: He wanted to spread the ideas of Communism to other parts of the world.

Cage (n): a structure of bars or wires in which birds or other animals are confined.
E.g.: I feel like a bird in a cage.

Loan (n): 1- an amount of money that is given to someone for a period of time with a promise that it will be paid back : an amount of money that is borrowed.
E.g.: I took a loan from the bank to pay for my studies.

Privileged (adj): 1- having special rights or advantages that most people do not have
E.g.: I feel privileged for having such a great opportunity.

(Original – Edited)

Too many work. – Too much work.

Murphy Law: Anything that can go wrong, will go wrong.