Look for the meaning of:

-Welfare state: Its a concept of goverment where the state plays a key role in the protection and promotion of the social and economic well-being of it citizens. It is based on the principle of iqualty of upornity.

-Trade: It's the voluntary exchange of goods, services or both. It is also called commerce or transaction.

-Insurance: It is a form of risk management primarly used to hedge against the risk of contingent, uncertain loss.

-Health Services: The health-care industry incorporates several sectors that are dedicated to providing services and products dedicated to improve the save of people.

-Household consuption: Consuption is a common concept in economy that is generally defined by opposition to production.

-Interest rate: It is the price that a borrower pay for use the money they borrow fron a lender.

-Tercialization: It's when the tertiary sector becomes larger than the other sectors. It happens generally in the MEDCs.

-Motorway: It is a dual carriegeway limited acces highway with grade separated junctions desined for motorised traffic.

-Pipelines: Pipeline transport is the transportation of products throug pipes.

- Freight: It is a good or a product transported by ship, aircraft, train van or truck. It is generally transported for commercial gain.

-GATT-WTO: It's the General Agreement on Traffics and Trade.

-Leissure: It can be called free time. It's the time that people spend out of work and domestic activity.

-Spa: It's a place where you can have water treatments also knowed as balneotherapy.

-Resort: It's a place for relaxing and recreation that atracts visitors for holidays and vacations.

-Environment: It's the the fisical and biological factor along with their chemical interactions that affects an organism.