Before the 1960s, Singapore was essential a trading nation. Since (17)___________, it has developed a more varied economy and has (18) __________ an important financial, trade, and transportation center. Singapore has many banks, insurance, and finance companies, as (19)___________ as a stock exchange. Tourism is also important to the economy of Singapore.
There is (20)__________ unemployment in Singapore. The country’s annual income per capita (per person) is one of the highest in Asia. The government of Singapore plays a major role in the country’s economy. For example, it decides what benefits, such as vacation and sick leave, must be (21)_________ for workers by employers. It also operates an employment agency to help people find jobs, and it provide (22)__________ for retired workers.