Over time, the United states has experienced four major economic ______ .

The United States had an agricultural-based economy during the ______ .

Figures used to measure economic performance are called economic ______ .

The total value of the goods and services produced in a country in a given year is called its ______ .

The more goods and services produced per person, the higher the ______ .

An increase in the unemployment rate indicates an economy is ______ .

During a time of inflation, a person’s buying power ______ .

A general decrease in the price of goods and services is called ______ .

The total amount of money a government owes is its ______ .

When a government's revenue exceeds it expenditures during a one-year period, it has a ______ .

The United States economy is shaped by a mixture of public and ______ forces.

The government agency that guides the U.S. economy is the ______ .

The rise and fall of economic activity over time is called the ______ .

A peak of economic activity is called ______ .

Economic activity slows down during a ______ .

When a downturn in one industry causes a downturn in another industry, it is called a ______ effect.

A deep slow down in economic activity that affects the entire economy and lasts for several years is called a ______ .

The Great Depression began in ______ .

During the worst years of the Great Depression percent of workers were ______ jobless.

A rise in business activity after a recession or depression is called ______ .

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