Unit 6 (Economic Troubles and Celebrations) Nerd Words

1. The government's imposition of a(n) __________, prohibiting trade with a specific nation, aimed to address diplomatic concerns and promote policy objectives.
   

• tariff

• embargo

• stimulus

• charter

1. The newly introduced __________ on imported electronics was intended to boost domestic industry and regulate the flow of foreign goods into the country.

• tariff

• embargo

• stimulus

• charter

1. The company's ____________, derived from successful business operations, allowed for continued investment in research and development.

• monopoly

• revenue

• inflation

• charter

1. Investment in cryptocurrency often involves a degree of ______________, as investors hope that the digital assets will increase in value over time.

• speculation

• deregulation

• inflation

• consumerism

1. The city's ______________ was evident in its luxurious neighborhoods, high-end shopping districts, and thriving cultural scene.

• revenue

• inflation

• capitalism

• affluence

1. The ___________ of the nonprofit organization outlined its mission, goals, and the principles that guided its activities in the community.

• stimulus

• speculation

• revenue

• charter

1. ______________________ of the telecommunications industry led to increased competition and innovation as companies were no longer bound by stringent restrictions.

• Speculation

• Capitalism

• Deregulation

• Inflation

1. _________________ eroded the purchasing power of consumers, making goods and services more expensive over time.

• Inflation

• Deregulation

• Speculation

• Consumerism

1. __________________ thrives on the principle of private ownership and profit motive, driving economic activity through individual and corporate enterprise.

• Consumerism

• Capitalism

• Monopoly

• Welfare

1. The telecommunications giant maintained a virtual ______________ in the region, controlling all aspects of the industry without viable substitutes.

• Embargo

• Tariff

• Monopoly

• Charter