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What is foreign aid? What are the different types of aid? Why do countries give or loan money to other countries? And why is this such a controversial thing?
Today, we are going to discuss all these questions and think in depth about aid (as well as learning some new vocabulary).
TRANSCRIPT - https://thinkinginenglish.blog/2025/03/10/331-what-is-foreign-aid-english-vocabulary-lesson/
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Vocabulary
Aid (Noun): Assistance, usually in the form of money, resources, or services, given to help people or countries in need.
Humanitarian (Adjective): Related to helping people and improving human welfare, especially in crises.
Grant (Noun): Money given for a specific purpose, usually by a government or organization, that does not need to be repaid.
Loan (Noun): Money borrowed that must be repaid, often with interest.
Debt (Noun): Money owed to another person, company, or institution.
Diplomacy (Noun): The practice of managing international relations through negotiation and discussion.
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