Examlex
A system of community self-responsibility that existed in Britain during the Middle Ages,in which residents were held responsible for the conduct of their neighbors was called a __________.
Consumer Spending
The total value of goods and services purchased by households during a specific period, an important component of a country's gross domestic product (GDP).
2001 Recession
A brief economic downturn that occurred in the United States in 2001, marked by a decrease in GDP and triggered by the burst of the dot-com bubble.
Federal Government
The national government of a federated state, which is responsible for certain functions such as defense and monetary policy.
Inflation
The growth rate in the general cost of goods and services, causing a downturn in the power to make purchases.
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