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