Expensive

Creation

Willing

Worth

Noble

Confusion

Dishonest

Habit

Intelligent

Extension

Inclusive

Value

Objective

Origin

Moneyed

a) Standing for a limited monarchy, this political party represented the great aristocracy and the _____ middle class.

b) She seems to be in _____ these days.

a) The _____ of the Internet go back to the 1950s.

b) Our _____ plan was to go to Spain, but it was too expensive.

a) The important thing is to be _____ when making decisions.

b) He had the appearance of a man to whom time was no _____.

a) Money is said to have time _____: the sooner received, the higher the _____.

b) It’s rather attractive, but not _____.

a) It’s a fully _____ price.

b) With the _____ of Italy next season, the number of member countries will increase to six.

a) _____ strategy is a plan for reaching new customers for an exciting product by making small changes to it, finding new uses for it.

b) They made _____ use of computers.

a) That’s a very _____ question.

b) He is a person of average _____.

a) John’s boss discharged him because of _____ absenteeism.

b) He’s a _____ of habit.

a) It would be unfair to accuse him of _____.

b) Moneygrubbers are not essentially _____.

a) There’s much _____ in word usage.

b) Don’t _____ “money” and “currency”.

a) He followed his principles with _____.

b) _____ metals gain their value in the times of crisis.

a) A job interview should enable applicants to show their _____.

b) The technology is practically _____ if people don’t know how to use it.

a) People have not always been _____ to accept soft money as a medium of exchange.

b) He can change his personality at _____.

a) We encourage employees to engage in _____ thinking.

b) _____ of new terms often adds to existing confusion.

a) Labour is the airline industry’s biggest _____.

b) What is the least _____ option?

Task 20. Complete the sentences.

1. No one knows for sure when and where …. 2. Any commonly-available commodity with intrinsic value can …. 3. Throughout the history a large number of items have been … 4. “Greenbacks”, the first U.S. paper money were printed …. 5. The Roman army was paid …. 6. The first known example of paper money …. 7. Paper money was also used extensively …. 8. Of evils upon earth, …. 9. Many people fashion their lives …. 10. Money affects both ideals and …. 11. There are really three types of money: hard money, …. 12. Soft money is paper money backed …. 13. Currency is anything accepted …. 14. Fiat money is an intrinsically worthless …. 15. The bills and coins that we use today are ….

Task 21. Translate into English.

1. Гроші, як вогонь і колесо, поруч з людиною уже давно. 2. Ніхто не знає напевне, звідки з’явилися гроші. 3. Першими грішми були предмети, які мали реальну цінність. 4. Першими зразками грошей були товарні гроші. 5. Величезна кількість речей використовувались як товарні гроші. 6. Перші відомі історикам паперові гроші з’явились у Китаї наприкінці 14 століття. 7. “Грінбеки” стали першими паперовими грішми, надрукованими федеральним урядом у 1861 році для фінансування Громадянської війни. 8. Римським воїнам платили сіллю. 9. З усіх лих на землі найгіршим є гроші. 10. Гроші спотворюють та зваблюють природний інтелект. 11. У наш час люди будують своє життя навколо гонитви за грішми. 12. Економіку, яка функціонує без грошей, важко собі уявити. 13. Гроші – це не зовсім те, про що ми звикли думати. 14. Через термінологічну плутанину дехто з фахівців стверджує, що грошей не існує взагалі. 15. Насправді існує три типи грошей: металеві гроші, паперові гроші та декретні гроші. 16. Металеві гроші мають універсальну цінність. 17. Паперові гроші підтримуються сріблом та золотом. 18. Декретні гроші є товаром, який не має власної внутрішньої вартості і слугує як засіб обміну. 19. Банкноти і монети, які ми сьогодні використовуємо, є прикладами декретних грошей. 20. Люди з готовністю приймають клаптики паперу із спеціальними водяними знаками, на яких надруковано чорнилом, в обмін на дорогі товари й послуги.

Task 22. Answer the questions.

1. Are scientists sure about the origin of money?

2. What were the first instances of money?

3. Can any object serve as commodity money?

4. What examples of commodity money are given in the text?

5. Have large stone disks ever been used as money?

6. What is the origin of the word “salary”?

7. Were “greenbacks” the first known example of paper money? Explain.

8. When did the first known example of paper money occur?

9. Paper money was widespread in Europe in the Middle Ages, wasn’t it?

10. What strong opinions about the role of money did Sophocles have? Do you share the opinion of the ancient Greek playwright?

11. What do you consider the worst evils upon earth? Give your reasons.

12. Does money sack cities, and drive men forth from hearth and home these days? Why?

13. In modern times, the majority of people are still seduced by the lure of money, aren’t they?

14. Do you fashion your life around money and its pursuit?

15. Is it easy to imagine an economy functioning without money?

16. How does money affect your (your friends’) ideals?

17. Why do some experts claim that there is no money at all?

18. What is your concept of money?

19. Can you see the difference between money and currency?

20. Most people do distinguish between “cash” and “money”, don’t they?

21. What are the three major types of money these days?

22. What is hard money?

23. What is soft money backed by?

24. Do we use hard and soft money these days?

25. What is known as fiat money?

26. Why can currency take many forms?

27. Fiat money is represented by intrinsically valuable objects, isn’t it?

28. What does the term “fiat” mean?

29. Why are people willing to accept fiat money in exchange for the goods and services they sell?

30. Are modern bills and coins examples of fiat money?

Task 23. Say what you know about:

1. Etymology of the word “money”.

2. The development of money.

3. The importance of money for the economy.

4. The effect of money on morals and ideals.

5. The difference between “money” and “currency”.

6. The three types of money: hard money, soft money, and no-money.

Task 24. Comment on the following sayings.

1. Of evils upon earth, the worst is money.

2. Money answers all things.

3. Money draws money.

4. Money doesn’t grow on trees.

5. Money has no smell.

6. Money is a good servant, but a bad master.

7. Money spent on the brain is never spent in vain.

Дата добавления: 2014-11-29