Question 5
PASSAGE
- 1-10
The passage below has gaps numbered 1 to 10. Immediately following each gap, four options are provided. Choose the most appropriate option for each gap.
The economic miracle of the so-called "Asian Tigers" was subject to much debate and analysis in the early 1990s among economists. There were basically two schools of ....1.... [A. reasoning B. ideas C. practice D. thought]. One, that the Asian Tigers’ economic miracle was a case of "miracles beyond the free market" and so, to repeat such miracles or something near it, do not leave the ....2.... [A. economy B. structure C. miracle D. analyses] to the invisible hands of the free market with its sometimes profoundly anti-social overtones.
There was a place for, and indeed a great virtue in, state ....3.... [A. market B. intervention C. persuasion D. enforcement]. The other group ....4.... [A. synthesized B. analysed C. believed D. recommended] that it was not so much a miracle that was either beyond the free market or, for that matter, one induced by the equally unpredictable, even if visible, hands of politicians and policy ....5.... [A. deciders B. masters C. executors D. makers].
The Asian ....6.... [A. experience B. practice C. logic D. method] was rather one of a cultural phenomenon blending with good policies to produce a delightfully desirable spectacle of progress and ....7.... [A. purpose B. affluence C. prospect D. prosperity]. The concern of the economists was how to safely ....8.... [A. prescribe B. gauge C. stimulate D. re-orientate] and then apply the Asian prescription to replicate such man-made miracles in many other countries of the world enduring the ....9.... [A. anger B. risk C. throes D. punishment] of unrelenting and ....10.... [A. momentous B. compelling C. scorching D. aggravating] poverty.
that it was not so much a miracle that was either beyond the free market or, for that matter, one induced by the equally unpredictable, even if visible, hands of politicians and policy....5....
A.
deciders
B.
masters
C.
executors
Correct
D.
makers