Gold 5 - Marvel Education

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Practice Reading: Reading Fill in the Blanks ID: #30465 Gold 5

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During the 19th century, the enormous expansion of world production and trade was mainly by gold. Even the issued by the banks were fully convertible to gold on demand, and this was the basis of their acceptance. However, production and trade were expanding at a faster than new of gold were being discovered. If trade was to continue growing at this rate, some commodity other than gold also had to be used as a of exchange.

supplies rate cash way financed notes amounts means

Result:

A.I. Explanation:

Correct answer: financed
Explanation: The word 'financed' is the past participle of the verb 'finance,' which fits grammatically as it describes how the expansion of production and trade was supported. The context indicates that financing was necessary for this expansion, aligning with the overall theme of economic growth during the 19th century.
Meaning: 'Financed' means to provide funding or capital for a project or activity.
Wrong options:
cash: 'Cash' refers to money in the form of coins or banknotes, which does not fit grammatically as it cannot serve as a verb in this context.
amounts: 'Amounts' is a noun that refers to quantities of something, which does not fit as it does not convey the action of providing funds.
notes: 'Notes' refers to written documents or banknotes, which does not fit grammatically as it cannot describe the action of financing.
supplies: 'Supplies' is a noun that refers to materials or resources, which does not fit as it does not convey the action of providing funds.
way: 'Way' is a noun that refers to a method or manner, which does not fit as it does not convey the action of financing.
means: 'Means' is a noun that refers to a method or instrument, which does not fit as it does not convey the action of financing.
Correct answer: notes
Explanation: The term 'notes' refers to banknotes, which are a form of currency issued by banks. This fits grammatically as a plural noun that aligns with the context of discussing currency that is convertible to gold.
Meaning: 'Notes' are paper currency issued by banks that represent a promise to pay the bearer a certain amount of money.
Wrong options:
cash: 'Cash' refers to physical money, but it does not specifically refer to the banknotes issued by banks, making it less precise in this context.
amounts: 'Amounts' is a noun that refers to quantities, which does not fit as it does not specify a form of currency.
financed: 'Financed' is a verb that does not fit as it does not refer to a type of currency or bank-issued document.
supplies: 'Supplies' refers to materials or resources, which does not fit as it does not relate to currency or banknotes.
way: 'Way' is a noun that refers to a method or manner, which does not fit as it does not refer to currency.
means: 'Means' is a noun that refers to a method or instrument, which does not fit as it does not refer to currency.
Correct answer: rate
Explanation: The word 'rate' is a noun that refers to a measure or quantity, particularly in terms of speed or frequency. It fits grammatically as it describes the pace at which production and trade were expanding, aligning with the context of economic growth.
Meaning: 'Rate' refers to the speed or frequency at which something occurs, in this case, the expansion of production and trade.
Wrong options:
cash: 'Cash' refers to physical money, which does not fit as it does not describe a measure of speed or frequency.
amounts: 'Amounts' is a noun that refers to quantities, which does not fit as it does not convey the idea of speed or frequency.
notes: 'Notes' refers to banknotes, which does not fit as it does not describe a measure of speed or frequency.
supplies: 'Supplies' refers to materials or resources, which does not fit as it does not convey the idea of speed or frequency.
way: 'Way' is a noun that refers to a method or manner, which does not fit as it does not describe a measure of speed or frequency.
means: 'Means' is a noun that refers to a method or instrument, which does not fit as it does not describe a measure of speed or frequency.
Correct answer: supplies
Explanation: The term 'supplies' refers to the quantities of gold available for trade and production. It fits grammatically as a plural noun that aligns with the context of discussing the availability of resources necessary for economic activity.
Meaning: 'Supplies' refers to the materials or resources available for use, in this case, gold.
Wrong options:
cash: 'Cash' refers to physical money, which does not fit as it does not relate to the availability of gold or resources.
amounts: 'Amounts' is a noun that refers to quantities, which does not fit as it does not specify the type of resources being discussed.
notes: 'Notes' refers to banknotes, which does not fit as it does not relate to the availability of gold or resources.
rate: 'Rate' refers to a measure of speed or frequency, which does not fit as it does not relate to the availability of resources.
way: 'Way' is a noun that refers to a method or manner, which does not fit as it does not relate to the availability of resources.
means: 'Means' is a noun that refers to a method or instrument, which does not fit as it does not relate to the availability of resources.
Correct answer: means
Explanation: The word 'means' is a noun that refers to a method or instrument used to achieve something. It fits grammatically as it describes the alternative method of exchange that is necessary for trade to continue growing.
Meaning: 'Means' refers to a method or way of doing something, in this case, a method of exchange.
Wrong options:
cash: 'Cash' refers to physical money, which does not fit as it does not convey the idea of a method or instrument for exchange.
amounts: 'Amounts' is a noun that refers to quantities, which does not fit as it does not describe a method of exchange.
notes: 'Notes' refers to banknotes, which does not fit as it does not convey the idea of a method or instrument for exchange.
supplies: 'Supplies' refers to materials or resources, which does not fit as it does not convey the idea of a method or instrument for exchange.
rate: 'Rate' refers to a measure of speed or frequency, which does not fit as it does not describe a method of exchange.
way: 'Way' is a noun that refers to a method or manner, which does not fit as it does not convey the specific idea of a method of exchange.

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