What will the weather be like tomorrow? Which team will win the Super Bowl? What vocabulary words will be on the next SAT? Although no one can answer these questions, that does not stop us from making FORECASTS or predictions about future events.
SAT test writers are fascinated with collectible items such as Teenage Ninja Turtles, Lego sets, and He-Man action figures. Since the advent of the Digital SAT in March 2003, they have written a number of questions pointing out that buyers of these items often ENGENDER or cause an unexpected and therefore hard to FORECAST increase their price.
A recent question added video game cartridges from the 1980s and 1990s to the SAT’s ongoing list of collectible items. Needless to say, few economists FORECAST or predicted that these collectibles would soar in price.
FORECAST – a calculated prediction about what is likely to happen
APUSH BONUS EXAMPLE
The United States economy experienced serios economic downturns in 1837, 1857, and 1873 and severe economic depressions that began in 1893 and 1929. A period of overwhelming optimism preceded each of these downturns. In each case, business and political leaders confidently FORECAST the boom would never end. But each time, a bust suddenly arrived, catching the nation off guard, wiping out fortunes, and leaving millions unemployed.