USING CONTEXT CLUES TO UNDERSTAND ECONOMICS (I)

In any technical subject, like economics, words commonly used in everyday life acquire very specific technical meaning, and confusion can arise when someone is uncertain of the intended meaning of a word. CONTEXT CLUES are very helpful to understand the meaning of theses words!

Read these examples in PART A and use context clues to understand the meaning of the economic terms. Then in PART B, find the type of context clue that helped you.

PART A: What does the word depression mean as it is used in the sentence below?

After several years of an economic boom, it looks as though we may be heading toward a depression.

PART B: What type of context clue helped you understand the meaning of depression?

PART A: What does the word interest mean as it is used in the excerpt below?

PART B: What type of context clue helped you understand the meaning of interest?

PART A: What does the word balance mean as it is used in the sentence below?

"He accumulated a healthy balance with the savings bank"

PART B: What type of context clue helped you understand the meaning of balance?

PART A: What does the word mint mean as it is used in the excerpt below?

PART B: What two types of context clue helped you understand the meaning of mint?

PART A: What does the word bond mean as it is used in the excerpt below?

PART B: What two types of context clue helped you understand the meaning of bond?

PART A: What does the word bubble mean as it is used in the excerpt below?

[...]

PART B: What type of context clue helped you understand the meaning of bubble?

PART A: What does the word stock mean as it is used in the excerpt below?

PART B: What type of context clue helped you understand the meaning of stock?