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Vocabulary Exercise - Economic Recession


Do the exercise below on the vocabulary related to Economic Recession and click on the button to check your answers.

Choose the right words:

  1. Banks have been by the government to avoid collapse.
  2. Banks usually provide mortgage under certain requirements.
  3. Due to the prices of goods and services went up.
  4. Some governments try to the market to avoid any manipulation or fraud.
  5. Banks which owned assets went bankrupt.
  6. Some economists think that can be detrimental to economies.
  7. Despite the credit , we managed to get a mortgage loan.
  8. Most European countries experienced an economic due to an increase in public debts.
  9. The US government has decided to fund a bailout of the banking industry.
  10. Because of our low credit rating, we qualified for only a mortgage.

Related material:

Idioms about money and business
Public Debt
Economic recession
The Great Depression
Banking vocabulary
Vocabulary about economic recession