Vocab 3 Review

Which sentence uses the term economic depression most accurately?

• The economic depression lasted for only a few months.
• The economic depression resulted in people losing their jobs, incomes, and homes.

• The economic depression was caused by excessive government spending.
• The economic depression led to a period of rapid economic growth.

Which sentences best uses the term inflation accurately?

• The price of bananas has decreased due to inflation.
• Inflation has caused the unemployment rate to drop.
• Inflation has led to a decrease in the cost of goods and services.
• The cost of living has risen due to inflation.

Which choice is the best antonym for the term unemployed?

• employed
• jobless
• occupied
• fired

Which choice is the best example of the term program?

• Great Depression

• Harlem Renaissance

• The New Deal

• Franklin D. Roosevelt

Which answer choice is the best definition for stock market?

• A place where vegetables and fruits are sold
• A marketplace for trading rare collectible items
• A platform for buying and selling real estate
• A marketplace where shares of publicly traded companies are bought and sold.

What does depression mean?

• An increase in employment and wages
• A temporary decrease in consumer spending
• A severe and prolonged downturn in economic activity
• A period of economic growth and prosperity

What does (government) program mean?

• Initiative or project implemented by the government to address specific issues or provide services to the public

• A new type of currency introduced by the government
• A music concert organized by the government
• A type of food provided by the government

Which sentence best uses the term stock market?

• The stock market experienced a significant drop yesterday.
• The stock market is a type of fishing market.
• The stock market is a place to buy groceries.
• The stock market is where farmers sell their produce.

Which answer choice best defines the word inflation?

• The act of reducing the size of something
• The process of deflating a balloon
• The rate at which the general level of prices for goods and services is decreasing
• The rate at which the general level of prices for goods and services is rising