socialist – adj. describes a government which supports that the means of production, distribution, and exchange should be owned or controlled by the community as a whole

rector – n. a leader; someone who directs something, such as a religious group

urbanization – n. the process by which towns and cities are formed and become larger as more and more people begin living and working in central areas

privatize – v. to remove (something) from government control and place it in private control or ownership

insurance – n. a method of guaranteeing safety or protection

bribe – n. something valuable that is given in order to get someone to do something

income – n. earnings; monetary gain