Friday, October 21, 2011

Stock vocab week 5

1. Inflation- The increase of prices for goods and services over time.
Ex: The inflation of the stock has been up over 50% in the last few months.
2. Gross Domestic Product- When a newly finished product is sold it contributes to the GDP.
Ex: The new IPhone contributed heavily to the GDP.
3. Currency- A way of exchange.
Ex: In America our currency is not the same as in Canada, therefore you can't trade things straight across.
4. Infrastructure- Physical systems of a business that are often public systems of a country that are necessary for economic activities.
Ex: Without infrastructure some businesses would fall apart from the lack of structure.


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