Recession and Financial Terms (1)

Several American companies would have gone bankrupt if the government hadn't ......... them out during the recession. The government made sure these companies would be able to survive by giving them money.
shut
closed
bailed
cleaned

When the prices of goods fall on a national level because of a decrease in demand, ......... is occurring.
inflation
ignition
a capital movement
deflation

America was hit pretty hard by the recent .......... Many companies went out of business, lots of citizens lost their jobs, and housing prices fell in most areas.
expansion
diversification
capital improvements
recession

If the buying power of money decreases because of rising prices on a national level, the country in which this situation is occurring is experiencing ..........
deflation
inflation
expansion
growth

America, England, Canada, and many other countries are ......... countries. This means that their economic system is based on private ownership of resources and goods and services are exchanged in a free market.
socialist
communist
agrarian
capitalist

If someone is expected to make a payment on a loan and fails to do so, that person is said to have ......... on his or her payments.
defaulted
capitalized
inflated
deflated

During the recession, many ......... occurred. When people lost their jobs and couldn't pay their mortgages any longer, they lost their houses to the banks who owned them until the houses were paid-off in full.
indentures
purchases
credits
foreclosures

A depression is one type of economic .......... If any type occurs, a nation's government will step in to attempt to correct the situation and preserve economic stability.
accomplishment
growth
system
crisis

Several companies during the recession were not able to pay their bills because they lacked the funds to do so. When a company is in this type of situation and petitions the courts to absolve the company of its debt, it is attempting to go ..........
public
green
bankrupt
reverse mortgage

When a country's government takes ownership of an industry or asset from the private sector this is called ..........
globalization
nationalization
privatization
diversification