Vocabulary words from The Hindu editorial " Demand flux: On growth dynamics,"

Sep 30, 2024 - 05:38
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Vocabulary words from The Hindu editorial " Demand flux: On growth dynamics,"

Vocabulary words from The Hindu editorial " Demand flux: On growth dynamics,"

1.  Falter

  • Synonyms: Hesitate, stumble, weaken
  • Antonyms: Strengthen, flourish, improve
  • Example: "Growth dynamics may falter with waning urban consumption, leading to lower GDP figures."

2.  Portent

  • Synonyms: Omen, sign, warning
  • Antonyms: Assurance, certainty, promise
  • Example: "The decline in private consumption spending was seen as a portent of slowing economic growth."

3.  Momentum

  • Synonyms: Force, drive, impetus
  • Antonyms: Stagnation, slowdown, lethargy
  • Example: "The farm sector lost momentum due to an unhelpful monsoon, slowing overall economic growth."

4.  Consumption

  • Synonyms: Use, expenditure, depletion
  • Antonyms: Production, conservation, preservation
  • Example: "Private final consumption expenditure rose at a slower rate than the economy’s overall growth."

5.  Rebound

  • Synonyms: Recovery, resurgence, bounce back
  • Antonyms: Decline, collapse, fall
  • Example: "Economists hoped rural demand would rebound with a normal monsoon, boosting overall consumption."

6.  Shore up

  • Synonyms: Support, reinforce, strengthen
  • Antonyms: Weaken, undermine, harm
  • Example: "A good harvest could shore up the rural economy, helping drive private consumption higher."

7.  Virtuous cycle

  • Synonyms: Positive feedback loop, reinforcing cycle
  • Antonyms: Vicious cycle, negative feedback loop
  • Example: "The government aims to create a virtuous cycle of investment, job creation, and economic growth."

8.  Benign

  • Synonyms: Favorable, gentle, harmless
  • Antonyms: Harmful, severe, dangerous
  • Example: "Global oil prices have turned benign, which could help lower inflation and boost consumption."

9.  Crimped

  • Synonyms: Constrained, restricted, limited
  • Antonyms: Expanded, freed, enhanced
  • Example: "Consumers’ spending ability was crimped by persistently high food inflation."

10.  Discretionary

  • Synonyms: Optional, voluntary, non-essential
  • Antonyms: Mandatory, required, essential
  • Example: "Discretionary spending on non-essential goods may decline if inflation continues to rise."

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