Fill in the Empty Boxes

question 123

Essay

Fill in the empty boxes.

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Definitions:

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.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all of the great powers.