Unit 3, Business partner B2

Question 1

By obtaining a ____________ to buy a house, individuals take on a ____________ and must make monthly payments.

Accepted Answer

mortgage - debt

Question 2

During a ________ period, it is common for companies to face financial difficulties, and some even ________.

Accepted Answer

recession, go bankrupt

Question 3

It is important to ________ expenses and maintain good financial management to avoid unnecessary debts.

Accepted Answer

manage

Question 4

After the ________ of 2008, many companies declared ________, and millions of people lost their jobs.

Accepted Answer

crash-insolvent

Question 5

Some people have the habit of ________ money from friends or family when facing financial difficulties

Accepted Answer

borrowing

Question 6

Over the past decade, the economy had a rapid ________, with a significant increase in production and employment.

Accepted Answer

Rise

Question 7

When a company cannot meet its financial obligations, it may ________ to its creditors

Accepted Answer

go bankrupt

Question 8

After the financial crisis, it took several years for the economy to ________ and return to sustainable growth.

Accepted Answer

recover

Question 9

Some people have to ________ money to be able to pay for their university education

Accepted Answer

borrow

Question 10

During an ________ period, housing prices often ________ drastically

Accepted Answer

economic depression, - drop

Question 11

In times of ________, governments often implement measures to ________ businesses and stimulate the economy.

Accepted Answer

economic depression, bail out

Question 12

During a ____________, banks may be hesitant to ____________ money, worsening the economic situation.

Accepted Answer

credit crunch - lend

Question 13

As the economy began to ________ again, unemployment rates started to ________.

Accepted Answer

recover-fall

Question 14

If a company is facing financial troubles, it may seek a ________ to avoid bankruptcy

Accepted Answer

bail out

Question 15

When a person cannot pay their debts, they may find themselves in a situation of being ________.

Accepted Answer

insolvent

Questions 15