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Slump(n): a period when an industry or the economy is in a bad state and there is a lot of unemployment.

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depreciation (n) /dɪˌpriː.ʃiˈeɪ.ʃən/:

a reduction in the value of an asset with the passage of time, due in particular to wear and tear.

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Free trade agreement (n)
/friː treɪd əˈgriːmənt/ :Hiệp định thương mại tự do

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Recession /rɪˈseʃ.ən/ - Noun

Definition : a period when the economy of a country is not successful and conditions for business are bad:

Example : The country is sliding into the depths of a recession.

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Passive income (n): thu nhập thụ động

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Inflation (n) /ɪnˈfleɪ.ʃən/: a continuing rise in prices caused by an increase in the money supply and demand for goods.

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Interest Rates

IPA: /ˈɪntərəst reɪt/

Definition: a term commonly used in finance and economics. It refers to the percentage charged on a loan or paid on a deposit. In simpler terms, it's the cost of borrowing money.

Example: You borrow $1000 from a friend at a 5% annual interest rate. This means that for every year you keep the borrowed money, you'll need to pay your friend an additional 5% of the original amount

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Finance:/ˈfaɪ.næns/

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Supply chain: the system of people and organizations that are involved in getting a product from the place where it is made to customers

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Trade liberalization(n):removing or reducing trade barriers and encouraging the free exchange of goods between nations.

IPA: /treɪd ˌlɪbərəlaɪˈzeɪʃən/