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Business Cycles Explained: Keynesian Theory

126,099 views

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

/ˈpräfət/

profits
noun other verb

financial gain. Benefits from doing some things. To earn money from something.

/ˌēkwəˈlibrēəm/

equilibrium
noun

Calm, quiet, undisturbed emotional state.

/ˈrevəˌn(y)o͞o/

revenue
noun

income.

aggregate
adjective noun verb

forming total. A sum total amount of something. group together.

/kənˈsəm(p)SH(ə)n/

consumption
noun

The act of buying and using products.

/ˈprēvēəs/

previous
adjective

Existing or happening before the present time.

/ˈkro͞odlē/

crudely
adverb

In an unrefined or rude manner.

/krēˈāt/

creates
verb

To make, cause, or bring into existence.

/ˈɡəvər(n)mənt/

government
noun

governing body of state.

/ˈpräbləm/

problem
adjective noun

Causing trouble. Something difficult to deal with or causes trouble.

/prəˈd(y)o͞osər/

producers
noun other

person or thing that produces goods. People who organizes the making of a movie.

/ikˈspens/

expenses
noun other verb

money spent on something. Monies you have to pay to do part of your job. offset against taxable income.

/ˈdounˌtərn/

downturns
noun other verb

decline in activity. Worsening of business or economic activity. (Of business or economy) to worsen.

/inˈves(t)mənt/

investment
noun

Act of giving time, energy to see a future reward.

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