Before the 1960’s, Singapore was essentially a trading nation. Since (1)_____ , it has developed a more (2)_____ economy and has become an important financial, trade, and transportation center. Singapore has many banks, (3)_____ firms, and finance companies, as (4)_____ as a stock exchange. Tourism is also important to the economy of Singapore. There is little unemployment in Singapore. The country’s annualincome per capita (per person) is one of the highest in Asia. The government of Singapore ...

Before the 1960’s, Singapore was essentially a trading nation. Since (1)_____ , it has developed a more (2)_____ economy and has become an important financial, trade, and transportation center. Singapore has many banks, (3)_____ firms, and finance companies, as (4)_____ as a stock exchange. Tourism is also important to the economy of Singapore. There is little unemployment in Singapore. The country’s annualincome 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 time and sick leave, must be provided for workers by employers. It also operates an employment agency to help people find jobs, and it provides (5)______ for retired workers