Question : Select the most appropriate option to fill in the blank.
Hundreds of firms went bankrupt during the _________.
Option 1: recission
Option 2: revision
Option 3: remission
Option 4: recession
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Correct Answer: recession
Solution : The correct choice is the fourth option .
A recession is a significant decline in economic activity, often characterised by a decrease in GDP, rising unemployment, and reduced consumer spending. In the context of the sentence, it's referring to a period of economic downturn.
The meanings of the other options are as follows:
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Recission : This is not a standard English word.
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Revision : A revision is a change or correction made to something, such as a document or plan, often to improve or update it.
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Remission : Remission typically refers to the temporary or permanent decrease or disappearance of the symptoms of a disease.
Therefore, the complete sentence would be: "Hundreds of firms went bankrupt during the recession . "
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