Task IV. Think over these questions and discuss them in group

Enterprise economy, corporation, enterprise zone, free enterprise, enterprise culture, private enterprise.

Margaret Thatcher often talked about the benefits of ______ or _________. She said that her achievement was to establish an ________in Britain, an economy where people were encouraged to start their own companies and where it was acceptable to get rich through business: an ________.

In some areas, the government reduced the number of laws and regulations to encourage business to move there. Businesses were encouraged to set up in the London Docklands, for example. The Docklands were an ___________.

1. Is the public sector in your country very big?

2. Do people who work in it have good working conditions compared to those in the private sector?

3. In your country, which of these industries are in the public sector, and which are in the private sector? Which have been privatized?

Bus transport	Electricity supply	Portal services
Rail transport	Telephone services	Water supply

Task V. Study the following information and make the task below:

1. Say what type of organization is each of these?

a) A group of engineering who work together to provide consultancy and design services. There are no outside shareholders.

b) A large British engineering company with 30,000 employees. Its shares are bought and sold on the stock market.

c) An American engineering company with outside shareholders.

d) An engineer who works by herself providing consultancy. She works from home and visits clients in their offices.

e) An independent British engineering company with 20 employees. It was founded by three engineers, who are shareholders and directors of the company. There are five other shareholders who don’t work for the company.

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