Active Vocabulary. Ex.5. Make up adjectives as in the model

Ex.5. Make up adjectives as in the model.

B. Word formation

Ex.3. Read the words in the group below. Pay attention to the word stress.

Ex.2. Read the following words. The underlined letters are silent.

A. Reading drills

PRE-TEXT EXERCISES

LEAD-IN

1. What is the most typical problem faced by every society?

2. Why cannot people have everything they want?

3. Who usually allocates resources in the country?

4. How can the economic system influence our life?

Ex.1. Practice reading the following words:

ch [k ] mechanism, mechanic, mechanization, technique, technical (в словах, запозичених з грецькоїмови)

ph [f] phrase, phase, photograph, telephone, phonetics (в словах, запозичених з грецькоїмови)

er, ir, ur [з:] refer, prefer, sir, girl, term, perfect, third, merger, university, burn, nurse, curse

ture [ ʧ ə] structure, picture, venture, gesture, mixture, lecture, nature

sure[ ʒ ә] measure,pleasure, leisure

Bom b, com b, lam b, de b t, w rite, k now, k nife, dou b t, recei p t, p sychology.

a) words with the stress on the first syllable:

several, scarcity, allocate, previously, Asia, clothing, value, major, centrally, formulate, publicly, industries, socialism, socialist, Sweden, power, operate, ownership, relevant, enterprise, government, centralized,social, ownership;

b) words with the stress on the second syllable:

requires, essential, dilemma,referred,efficiently, appearance, variety, societies, command,allow, consumer, percent, consensus, municipal;

c) polysyllabic words with the main and secondary stress:

satisfactorily, opportunity, distribution, independently, intermingled, intervention, environmentalism.

Ex.4. Make up nouns as in the model.

Model: noun + suffix –ship → noun

e.g. owner – ownership

Citizen, dictator, friend, leader, member, proprietor, entrepreneur, master.

Model: verb +suffix – tion or – sion → noun

e.g. organize- organization

Protect, decide, define, produce, collect, reduce, consume, divide, cooperate.

Model: noun +suffix- ism →noun

e.g. material-materialism

Marx, Protestant, Buddha, commune, society, capital, consumer, perfection.

Model: adjective +suffix - ance or - ence (- ancy, -ency) →noun

e.g. efficient - efficiency

Important, different, insistent, resistant, constant, efficient, intelligent.

Model: noun +suffix - ic → adjective

e.g. economy- economic

History, geography, hero, science, ballast, naturalist, metal, poet, myth.

What other noun or adjective suffixes do you know? Give examples.

TEXT A: TYPES OF ECONOMIC SYSTEMS

Key terms: traditional economy, market economy, command economy, mixed economy, centrally planned economy, to levy taxation, means of production, production and distribution, shortage and surplus, free enterprise, laissez-fair. Other words and expressions:a mechanism for survival, to resolve the problems, to store, scarcity problem, to do for a living, to provide a sense of security and psychological comfort, to take advantage of, essential dilemma, to exercise economic functions, to control prices, essential features, to open and run any kind of business, to be intended, to divide up into, in the marketplace, privately owned, to depend on, to manage the economy, an extensive form, to detect consumer preferences, sufficient accuracy, social welfare, decision maker, health insurance, housing projects, free medical services, range from … to, to be owned and operated by. Linking words and phrases:if we look at, in fact, subsequently, to refer to, according to, thus, strictly speaking, however, what is more, as we have classified, to sum up.

To an economist, economic society presents itself as a mechanism for survival — a means whereby people are able to carry out the tasks of production and distribution. If we look at the different political and social structures which exist in the world today, and the way in which those systems have developed over the years, we are tempted to saythat people have made use of, and are making use of, very great varieties of economic sys­tems. In fact, in spite of the appearance of great variety, it is possible to group these different economic structures into four broad categories. These basic types of econom­ic organization are usually described as Traditional economies, Market economies, Command economies and Mixed economies. There are several basic and unfinished questions that must be answered in order to resolve the problems of economics satisfactorily. The scarcity problem, for example, requires answers to basic questions, such as: what to produce, how to produce it, and who gets what is produced. An economic system is a way of answering these basic questions. Different economic systems answer them in a different way.

Дата добавления: 2014-11-29