Unit 10, Money and Consumerism | Exercises and Flashcards

Unit 10, Optimise B2 Exercises and Flashcards

These exercises focus on Unit 10, Optimise B2

Wordlist for Unit 10, Optimise B2

Word	Definition	Example
bill	a written list showing how much you have to pay for services you have received, work that has been done etc	Did the electricity bill come in the post this morning?
cash	money in the form of coins or notes rather than cheques, credit cards etc	Could you lend me £10? I haven't got any cash on me
cashpoint	a machine that dispenses cash or performs other banking services when an account holder inserts a bank card; a cash machine	Excuse me, is there a bank near here? Or a cashpoint?
change	money in the form of coins, not paper money	I'd get a drink from the machine but I haven't got any change, only a €10 note
credit card	a small plastic card that you use to buy goods or services and pay for them later	Some people say that using a credit card makes it easier to control spending
discount	a reduction in the usual price of something	I got an amazing discount on these shoes, they had 50% off
PIN	a number that you use when you get money from a machine using a plastic card	You shouldn't use the same PIN for all your cards and your phone, it's not secure
receipt	a piece of paper that you are given which shows that you have paid for something	Shall I put the receipt in the bag for you?
refund	an amount of money that is given back to you if you are not satisfied with the goods or services that you have paid for	Could I have a refund on this jacket, please? It's not my style
till	a machine used in shops, restaurants etc for calculating the amount you have to pay, and for storing the money	I'm sorry but this till is closed. There are two open at the front of the store
carry on	continue	Please carry on until I get back
decide on	choose one thing from various options	We arrived at the party late because my friend couldn't decide on what to wear
pick on	keep treating sb badly	I wish you wouldn't keep picking on me all the time!
press on	continue doing sth despite difficulties	I was tired but I had to finish before the end of the day so I decided to press on
put on	make a machine or piece of electrical equipment start working	I always put the radio on as soon as I wake up
sleep on	wait until the next day to make a decision	I'll sleep on your suggestion and let you know tomorrow
start on	begin to criticise sb	Don't start on me! It wasn't my fault
switch on	make a machine or piece of electrical equipmentstart working	You need to switch the computer on at the back
do business with	to do what you are expected to do or what people want you to do	They're so demanding that I really can't do business with them
get a bargain	to negotiate over the terms of a purchase, agreement, or contract	You really got a bargain when you bought your new tablet in the sales
go bankrupt	to be unable to pay one's debts	Anushka went bankrupt when her business failed
make a fortune	acquire great wealth by one's own efforts	Sarah made a fortune when she sold her company
make a living	to earn the money one needs to pay for housing, food, etc	It's getting harder to make a living from photography
make a loss	to earn less than to spend	The business made a huge loss last year
make a profit	to make money from business or investments	This year, we've made a profit of over a million pounds!
make a purchase	to buy something	We'll give you a bonus every time you use your credit card to make a purchase!
desire	a strong hope or wish	She expressed a desire to visit us
desirable	something that is desirable is worth having or doing	The ability to speak a foreign language is highly desirable
economy	the system by which a country's money and goods are produced and used, or a country considered in this way	Tourism is an important part of the economy
economise	to reduce the amount of money, time, goods etc that you use	Higher taxes encourage people to economise on fuel
economic	relating to trade, industry, and the management of money	Economic growth is slow
economical	using money, time, goods etc carefully and without wasting any	A small car is more economical to run
grow	to increase in amount, size, number, or strength	Support for Mr Thompson is growing
growing	becoming greater over a period of time; increasing	The group of scientists demonstrate the growing concern over ozone levels
growth	an increase in amount, number, or size	We've seen an enormous growth in the number of businesses using the Web
nation	a country, considered especially in relation to its people and its social or economic structure	Most tourists come from the wealthy nations of the world
national	related to a whole nation as opposed to any of its parts	Religion matters very much at a national level
nationality	the state of being legally a citizen of a particular country	He has British nationality
revolution	a complete change in ways of thinking, methods of working etc	In the last ten years there has been a revolution in education
revolutionary	completely new and different, especially in a way that leads to great improvements	The new cancer drug is a revolutionary breakthrough
revolt	a refusal to accept someone's authority or obey rules or laws	The prime minister is now facing a revolt by members of his own party
revolting	extremely unpleasant	The food was revolting!
revolve	to move around like a wheel, or to make something move around like a wheel	The wheel began to revolve
stimulating	exciting or full of new ideas	Her lectures were always stimulating and covered a variety of subjects
stimulate	to encourage or help an activity to begin or develop further	The president mentioned his plan to stimulate economic growth
stimulus	something that helps a process to develop more quickly or more strongly	The discovery of oil acted as a stimulus to industrial development
strong	having a lot of physical power so that you can lift heavy things, do hard physical work etc	He was a big strong man
strength	the physical power and energy that makes someone strong	She didn't even have the strength to stand up
strongly	if you feel or believe in something strongly, you are very sure and serious about it	We strongly believe that she is innocent
supply	to provide people with something that they need or want, especially regularly over a long period of time	Paint for the project was supplied by the city
supplier	a company or person that provides a particular product	Major art suppliers offer their own willow charcoals in similar formats

Illustration of Unit 10, Money and Consumerism

FAQ

What is the difference between "receipt" and "bill"?

A receipt is proof of payment after buying something (Keep the receipt in case you need a refund).
A bill is a statement of money owed (The restaurant bill was $50).

What does "make a living" mean?

"Make a living" means to earn enough money to support yourself (She makes a living as a freelance writer).

How does "economic" differ from "economical"?

Economic relates to the economy (The country’s economic growth is slowing down).
Economical means saving money (This car is very economical because it uses less fuel).

What does "get a bargain" mean?

"Get a bargain" means to buy something at a lower price than usual (I got a bargain on this designer jacket!).

What is the difference between "make a profit" and "make a loss"?

Make a profit means to earn more money than was spent (The company made a $1 million profit last year).
Make a loss means to lose money in business (The store made a loss due to poor sales).

How does "revolutionary" relate to money and consumerism?

A revolutionary product or idea changes the market in a big way (The smartphone was a revolutionary invention).

What does "press on" mean in business?

"Press on" means to continue despite challenges (Despite financial difficulties, the company pressed on).