In market economies

THE ROLE OF GOVERNMENT

На русском языке.

II. Письменно своими словами изложите основное содержание текста

I. Прочитайте текст. Опираясь на информацию текста, найдите

Text B

XI. Задайте к тексту 5-6 вопросов разного типа, отражающих его

X. Переведите текст контрольной работы № 5 на русский язык.

D) The Four Basic Functions of Management

Лишний.

IX. Озаглавьте каждый параграф текста. Из предложенных 7 вариантов

Деятельности (7 - 9 предложений).

О трех иерархических уровнях руководства в управленческой

VIII. Опираясь на информацию текста, напишите на английском языке

YII. Какими наиболее близкими по смыслу словами или выражениями

из текста можно объяснить выделенные в нем слова?

1. _________________________________________________

2. _________________________________________________

(a - g) выберите тот заголовок, который, по вашему мнению, наиболее

точно передает основное содержание параграфа; один из вариантов –

Параграф 1 _________________________________________________

Параграф 2 _________________________________________________

Параграф 3 _________________________________________________

Параграф 4 _________________________________________________

Параграф 5 _________________________________________________

Параграф 6 _________________________________________________

a) Levels of Management

b) Definition of Management

c) The Four Meanings of Management

e) Areas of Management

f) The Vice- President Roles

g) Decision - Making as a Management Function

основное содержание.

ЗАДАНИЯ К ТЕКСТУ

ответы на следующие вопросы:

1. Why did the Federal Government of America rescue the Continental

Illinois Bank?

________________________________________________________

2. What are the two reasons that make people oppose to Government

support of private enterprises?

________________________________________________________

3. What are the two reasons that make people favour government support

of private firms.?

a.______________________________________________________

b. ______________________________________________________

III. Задайте к тексту 6 – 7 вопросов разного типа.

(1) Government plays an important role in the economy but there is a considerable disagreement among most Americans as to how active this role should be. The question of vital importance is whether government should help private businesses if they go bankrupt.

(2) There has been a lot of debates since 1984 when the nation’s seventh largest bank, Continental Illinois of Chicago was on the verge of bankruptcy. Government leaders feared that if bankruptcy were to occur, public confidence in the banking system of the country might fail. The situation was rather risky and resembled the one in early 1930’s when the collapse of public confidence in the banking system provoked the worst depression in the American history. So, under the circumstances the Reagan Administration decided to save Continental Illinois. It did this by investing $ 4.5 billion in the bank and promising to give as much additional money as necessary to restore the bank to financial health. In exchange the government was to receive 80 percent of Continental Illinois stock.

(3) Critics of government actions argued that government purchase of a private organization such as Continental Illinois was contrary to the spirit of American free enterprise. They also insisted that government should not interfere with the matters of private firms whatever their type or size was, but should let them either legally earn their profits or go bankrupt when they fail to run their business properly. Those who criticize the system say that it is extremely costly to taxpayers and unfair to the rescued firms’ competitors who had to make it all on their own. More than that, it contradicts with the working of America’s market economy.

(4) Supporters of government assistance alleged that the problem was far more serious than just a problem of one single bank. The Continental’s troubles threatened the economy of the country as a whole. For that reason the government was obliged to help Continental.

(5) As a matter of fact, Continental Illinois was not the first company to have been rescued by the federal government, though it was the costliest. In 1975 Washington put up to % 125 million to keep the Penn Central Railroad running. That same year the government also guaranteed a loan of up to $ 250 million to the Lockheed Corporation which was one of the nation’s most important manufacturers of civilian and military aircraft. It was on the brink of bankruptcy when the Nixon Administration decided to rescue it. The biggest government rescue of a private corporation took place in 1979 when the Carter Administration guaranteed $ 1.5 billion of loans to Chrysler Corporation, the nation’s third largest automobile manufacturer.

(6) Supporters of government actions are quick to remind that in each of these cases the rescued companies were restored to health and are now able to “ make it on their own”. Chrysler, Lockheed and Penn Central, for example, repaid their loans to the government with interest. They earned record profits and have been operating without government support ever since. Besides, it helped to keep jobs for thousands and thousands of workers.

Примечание:

on the verge of /

on the brink of на грани

stock (n)акции, акционерный капитал

argue (v) возражать, утверждать

allege (v) заявлять, считать

interest. (n) зд. банковский процент

Контрольная семестровая работа 5

Вариант 2

Дата добавления: 2014-12-27