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Practice Listening: Fill in the Blanks (Type In) ID: #52221 Short Money
Instructions ›
You will hear a recording. Type the missing words in each blank.
* Fill in the missing words into the blank fields
We  think  of  money  as  one  of  biggest  inventions  of  mankind.  With  the  widespread  use  of  money,    was  born.  Nowadays  all  the  economies  are  financial.  Their  financial  systems  have  grown  in  their  size  and  complexity.  We  see  a  wide  array  of  financial  institutions  trading  in  complex  financial  assets  on  interdependent  financial  markets  with  a  single  aim  of  bringing  together  savers  and    in  their  desire  of  making  the  best  use  of  their  wealth.  Development  of  financial  systems  has  thus  become  a  close  companion  of  general    development.  At  the  top  of  these  financial  systems  are  modern  central  banks  with  a  difficult    of  using  money  as  a  steering  wheel  between  the  dangers  of  inflation  and  recessions.  Good  understanding  of  the  mechanics  of  financial  systems  is  of  essence.  The  growing    of  financial  markets  in  a  globalized  world  is  making  such  a  knowledge  a  necessity  for  good  analytical  skills.

Result:

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

Explanation: Listen again to "widespread use of money, finance". It comes after "use of money," so you need a word for a thing.

Meaning: "finance" means money systems.

Wrong options:

  • finnance: It adds an extra "n". Write "finance". Only the exact spelling gets the mark.
  • financial: "financial" is a close word, but it ends in "ial". The speaker says "finance", which ends in "e".
Correct answer: investors

Explanation: Here you hear "savers and investors in their". After "savers and" you need more than one person, so it ends in s.

Meaning: "investors" means people who put in money to earn more.

Wrong options:

  • invesstors: It adds an extra "s". The right spelling is "investors". Every letter must be correct to get the mark.
  • investor: "investor" has no "s" at the end. The speaker says "investors", so write the "s".
Correct answer: economic

Explanation: The speaker says "general economic development." After "general" you need a word about the economy.

Meaning: "economic" means about the economy.

Wrong options:

  • econimic: It has "i" where the word has "o". Check the letters: "economic". A small spelling mistake loses the mark.
  • economical: "economical" has an extra "al" at the end. The speaker says "economic".
Correct answer: task

Explanation: You hear "with a difficult task of using". After "difficult" you need a word for a job or duty.

Meaning: "task" means a job or duty here.

Wrong options:

  • taks: Two letters are in the wrong order. Write "task". Only the exact spelling gets the mark.
  • tack: "tack" is a different word by sound and does not mean a job here.
Correct answer: complexity

Explanation: Listen for "growing complexity of financial markets". You need a word that shows how complicated, it ends in ty.

Meaning: "complexity" means how complicated something is.

Wrong options:

  • complexcity: It adds an extra "c". The right spelling is "complexity". Every letter must be correct to get the mark.
  • complex: "complex" is missing the ending. The speaker says "complexity", with "ity" at the end.

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