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Practice Listening: Fill in the Blanks (Type In) ID: #4701 Short Economics
Instructions ›
You will hear a recording. Type the missing words in each blank.
* Fill in the missing words into the blank fields
Adam  Smith,  referred  to  by  many  as  the  inventor  of  modern  economics,  is  often    as  a  hero  of  free-market  capitalism.  Yet  the  Scotsman's  ideas  are  not  necessarily  compatible  with  those    by  many  of  today's  capitalists.  Smith's  'invisible  hand'  theory,  for  instance,  is  generally  interpreted  to  mean  that  individual  selfishness  is  always  beneficial  to  society  and  that  all  government  intervention  should  be  avoided.  However,  this    was  not  central  to  Smith's  writings  and  was  touched  on  only  briefly  in  his  most  successful  book,  The  Wealth  of  Nations.  In  it,  he  describes  the  economy  of  eighteenth-century  Europe  against  a    of  history  and  politics;  his  concern  was  for  the  development  of  contemporary  society  as  a  whole.  In  fact,  he  advocated  government  intervention  in  several  important  areas,  including  in  a  state's  infrastructure  and  as  a  means  of    innovation.

Result:

AI explanationShows the answer. Tap to open.
Correct answer: lauded

Explanation: Listen again to "is often lauded as a hero". It already happened, so the word ends in ed.

Meaning: "lauded" means praised by many people.

Wrong options:

  • laurded: It adds an extra "r". Check the letters: "lauded". A small spelling mistake loses the mark.
  • laud: "laud" is missing the ending. The speaker says "lauded", with "ed" at the end.
Correct answer: espoused

Explanation: Here you hear "those espoused by many of". It comes after 'those', so you need a word for ideas people support and it ends in ed.

Meaning: "espoused" means supported or adopted by people.

Wrong options:

  • esposed: It leaves out the "u". Check the letters: "espoused". A small spelling mistake loses the mark.
  • espouse: "espouse" is missing the ending. The speaker says "espoused", with "d" at the end.
Correct answer: viewpoint

Explanation: The speaker says "However, this viewpoint was not". The sentence needs a word for a position or way of thinking.

Meaning: "viewpoint" means a particular way of seeing or thinking about something.

Wrong options:

  • view point: This splits the word in two. It is one word. Write "viewpoint". Only the exact spelling gets the mark.
  • view: "view" is missing the ending. The speaker says "viewpoint", with "point" at the end.
Correct answer: backdrop

Explanation: You hear "against a backdrop of history and". It follows 'a', so you need a word for the scene or setting.

Meaning: "backdrop" means the setting or background for events.

Wrong options:

  • back drop: This splits the word in two. It is one word. Write "backdrop". Only the exact spelling gets the mark.
  • background: 'background' is longer and different. The speaker used a shorter compound word.
Correct answer: encouraging

Explanation: Listen for "as a means of encouraging innovation". It comes after 'of', so you need an action word that ends in ing.

Meaning: "encouraging" means helping or giving support to make new things happen.

Wrong options:

  • encourage: "encourage" is a close word, but it ends in "e". The speaker says "encouraging", which ends in "ing".

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