Vocabulary 1
Vocabulary 1
Vocabulary 1
4. assessment (n) the act of judging or deciding the amount, value, quality,
or importance of something
12. context (n) the situation within which something exists or happens
13. contract (n) a legal document that states and explains a formal agree-
ment between two different people or groups
16. definition (n) a statement that explains the meaning of a word or phrase
18. distribution (n) the process of giving things out to several people
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Vocabulary Set 1
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19. economic (Adj) relating to trade, industry, or money
20. environment (n) the air, water, and land in or on which people, animals, and
plants live
22. estimate (v) to guess or calculate the cost, size, value, etc. of some-
thing
23. evidence (n) anything that helps to prove that something is or is not true
25. factors (n) a fact or situation that influences the result of something
28. function (n) the natural purpose (of something) or the duty (of a per-
son)
29. identify (v) to recognize a problem, need, fact, etc. and to show that
it exists
30. income (n) money that is earned from doing work or received from
investments
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