Economic Systems and Policies

1. Economic ______ refers to the decrease in the value of goods and services over time.

2. The concept of ______ involves government ownership and control of major industries.

3. ______ policies are designed to reduce government deficits and debt accumulation.

4. The government’s ______ policy aims to promote sustainable development and reduce environmental impact.

5. The ______ market is highly volatile, with prices fluctuating based on investor sentiment.

6. Free-market ______ advocate for minimal government intervention in the economy.

7. Many countries aim to achieve a ______ economy, balancing both growth and sustainability.

8. Many developing countries rely on ______ from international organizations to support their economies.

9. ______ agreements between countries can lead to increased economic cooperation and growth.

10. The economic ______ was characterized by a significant decline in GDP and widespread unemployment.

11. The ______ rate is a key indicator of a country’s economic health, reflecting the percentage of unemployed individuals in the workforce.

12. Income ______ remains a significant issue in many developed and developing countries, affecting economic stability.

13. The ______ sector of the economy includes industries involved in the extraction and production of raw materials.

14. The central bank raised interest rates to curb ______ and stabilize the economy.

15. The ______ sector includes industries such as banking, insurance, and real estate.

16. The government introduced new tax ______ to stimulate economic growth and encourage investment.

17. Government ______ play a crucial role in regulating market activities and ensuring fair competition.

18. Trade ______ can affect the balance of imports and exports, impacting a country’s economy.