browse
to look at information on the internet, or to look at goods in a store
EXAMPLE: I like to browse the posts on Facebook Marketplace, especially the ones labeled Free!
exchange
to give something to someone and receive something similar from them
EXAMPLE: Gifts are often exchanged during the holidays.
expectation
what you expect
EXAMPLE: Before I gave my son my car, I explained my expectations. He must always wear a seatbelt, obey the speed limit, and not use his phone while driving.
in return for
as an exchange for something.
EXAMPLE: I gave my neighbor some furniture in return for 4 haircuts over a six-month period.
scarce
not easy to find or get
EXAMPLE: Clean water is scarce because farmers pollute the water with chemicals.
short on cash
not having enough money
EXAMPLE: I have to wait to buy new tires until next month because right now I am short on cash.
trade
(noun) the activity of buying, selling, or exchanging goods and services
EXAMPLE: Trade between the United States and China has increased over the past decade.
as long as
if
EXAMPLE: You can have a dog as long as you promise to take care of it.
assess
(verb) decide the value of something
EXAMPLE: The government assessed my house in order to determine how much I should pay in property taxes.
barter
(verb) to exchange goods and services instead of paying money for them
EXAMPLE: Jose and his friend Steve bartered. Jose gave his boat to Steve, and Steve landscaped Jose's backyard.
change hands
to go from one owner to another
EXAMPLE: The Italian restaurant has changed hands. I don't like it as much as I used to. The new owners don't know how to run a business!
duration
the length of time something lasts
EXAMPLE: He plans to stay at his job for a duration of two more years. Then he is going to retire.
goods
things for sale, things that you own
EXAMPLE: Target sells household goods as well as food.
invent
to create something that has never been made before
EXAMPLE: Who invented the computer? The computer was invented by Dr. Atanasoff in 1942.
limited
small in amount or number
EXAMPLE: I have to be careful with my spending because my income is limited.
misunderstanding
not understanding something correctly
EXAMPLE: We are going to write a contract so that we both know exactly what we should do. That way we won't have a misunderstanding.
possession
something that you own
EXAMPLE: I am moving next month, so I am starting to put my possessions into boxes.
principle
a basic idea or rule
EXAMPLE: Bartering is based on the principle of equal exchange. I give you a haircut and you cut my grass.
trade
(verb) to exchange goods or services
EXAMPLE: The two countries traded goods.
be willing
to be happy to do something if it is needed
EXAMPLE: If you need help, I will be willing to help you!
adapt
(verb) to change, to get used to
EXAMPLE: When people move from a country that normally has hot weather, they have to adapt to Minnesota's cold winters.
adopt
to legally take a child into your family
EXAMPLE: My neighbors were not able to have a baby, so they adopted a three-year-old girl. They love that little girl!
conscience
the part of you that tells you when you've done something bad
EXAMPLE: I have a guilty conscience because I told a lie. I want to feel better, so I'm going to tell my mom the truth.
conscious
aware, thinking, and knowing
EXAMPLE: He was in a car accident and was in a coma (asleep) for a week. We are so happy that he is conscious now and can talk to us.
principal
the person in charge of a school
EXAMPLE: My daughter got into trouble at school. The principal called me and asked me to come in for a meeting.