Online Class Notes (Michael C.)

SE ConsultantAlison

Today we focused on:

Continued with the 1987 stock market crash article from marketwatch.com.

Vocabulary

Contagion – Financial contagion is the spread of an economic crisis from one market or region to another and occurs at a domestic or international level.

Can also use alternatives to express meaning of contagion:

1)Ripple effect

2) Spill over effect

3)Domino effect

Interdependent (adj) – If two or more people or things) dependent on each other.

“we in Europe are all increasingly interdependent”

Protectionism (n) – The theory or practice of shielding a country’s domestic industries from foreign competition by taxing imports

“The US has engaged in protectionism by adding an extra tax levy on Chinas imports”

Pronunciation

Commodity  (gold, oil, wheat)

Infrastructure

Homework

Use some of the vocabulary from today in some writing. Choose a topic that lets you use the words we learned.

H/W:
New article to discuss next class
Or
<The Business proposal