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
