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    Learn English > English lessons & exercises > Global financial crisis > Stats updated every 4 hours
    To go back to the exercise

    Exercise "Global financial crisis", created by woodyrun (a free exercise to learn English):
    Results of the 27 218 people who have taken this test:
    Average mark: 58.5 / 100 Share


    Latest member with a 100/100 (perfect mark): djez / FRANCE, on Tuesday 14 November - 23:00:
    "Money!"


    They got a perfect mark


    Stats (22319 candidates)
    Question 1 passed: 74.1 %
    When the US economy was * and the interest rates were very low

    Question 2 passed: 74 %
    , millions of Americans signed for housing *.

    Question 3 passed: 77.2 %
    As the interest rates were low, many * took on bigger loans for bigger houses.

    Question 4 passed: 52.7 %
    Then, due to a huge demand for *, housing prices soared.

    Question 5 passed: 52.2 %
    Some investment banks which saw a big opportunity there, made the usual procedures to get a loan much easier and * loans to households with low income or unstable jobs.

    Question 6 passed: 47 %
    These loans were granted with very high * interest rates.

    Question 7 passed: 62.1 %
    They are called *.

    Question 8 passed: 58.3 %
    Then, when the economy began to slow and interest rates began to *,

    Question 9 passed: 59.2 %
    people were no longer able to pay back their *.

    Question 10 passed: 42.3 %
    A huge * began:

    Question 11 passed: 61.2 %
    a famous investment bank, Lehman Brothers, * bankrupt

    Question 12 passed: 83.8 %
    and over one million homes were sold at *.

    Question 13 passed: 50.2 %
    A rescue package was signed by the US president to stimulate economic *,

    Question 14 passed: 47.7 %
    but the financial crisis is spreading and economists say that many countries are now on the verge of *.


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