Home > C1 VocabularyEconomic Systems and Policies Report a question What’s wrong with this question? You cannot submit an empty report. Please add some details. 0% Economic Systems and Policies 1. The government’s ______ policy aims to promote sustainable development and reduce environmental impact. expansionary monetary green fiscal 2. Many countries aim to achieve a ______ economy, balancing both growth and sustainability. stable inflated deflated volatile 3. The central bank raised interest rates to curb ______ and stabilize the economy. stagnation regression deflation inflation 4. Many developing countries rely on ______ from international organizations to support their economies. loans investment aid trade 5. Economic ______ refers to the decrease in the value of goods and services over time. recession inflation deflation stagnation 6. The economic ______ was characterized by a significant decline in GDP and widespread unemployment. expansion boom recovery recession 7. The ______ rate is a key indicator of a country’s economic health, reflecting the percentage of unemployed individuals in the workforce. inflation unemployment employment participation 8. ______ policies are designed to reduce government deficits and debt accumulation. Austerity Fiscal Expansionary Monetary 9. The concept of ______ involves government ownership and control of major industries. nationalization privatization deregulation liberalization 10. The ______ sector includes industries such as banking, insurance, and real estate. agricultural service financial industrial 11. The government introduced new tax ______ to stimulate economic growth and encourage investment. penalties levies incentives breaks 12. The ______ market is highly volatile, with prices fluctuating based on investor sentiment. currency stock real estate commodity 13. ______ agreements between countries can lead to increased economic cooperation and growth. Peace Bilateral Trade Diplomatic 14. Free-market ______ advocate for minimal government intervention in the economy. proponents detractors advocates critics 15. Income ______ remains a significant issue in many developed and developing countries, affecting economic stability. stagnation distribution equality inequality 16. Government ______ play a crucial role in regulating market activities and ensuring fair competition. subsidies interventions tariffs policies 17. Trade ______ can affect the balance of imports and exports, impacting a country’s economy. policies barriers agreements alliances 18. The ______ sector of the economy includes industries involved in the extraction and production of raw materials. quaternary primary tertiary secondary Your score is The average score is 52% 0% Restart quiz
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