VII. Translate the sentences

Grammar exercises

Think and give extensive answers.

V. Discuss these questions with your partner.

III. Complete each sentence with a word or phrase from the box.

II.Complete the sentences as in the text.

1. Companies need an incentive, the incentive is … 2. Owners sell what customers demand and try to … 3. The role of the company in the free market is to … 4. Competition exists in a free market because … 5. If customers aren’t happy with a product or service, they … 6. Tools and machines help companies to …

Advertise, afford, competition, controlled, costs, incentive, limit, prepared, profit, raise, reduce, role, street market, theoretical.

1. Every Saturday this road becomes the local.................. where

people come to buy fruit and vegetables.

2. Businesses................... their products in the media to attract

more customers.

3. My................... in the business is to meet customers and find

out what they want.

4. Making money is the main................. to work.

5. I bought this old camera for €50 and sold it for €75.That’s €25...

6. If there’s only one producer in the market, there’s no..........

....

7. Production.................. are the amount of money companies

spend to make a product.

8. The idea that life exists on other planets is Nobody

knows for sure.

9. A economy is one where a government decides what

can be bought and sold and/or how it is done.

10. The speed.................. on this road is 90 kilometers per hour.

11. When there is a demand we................. prices but

we................... them if we want to sell something quickly.

12. I can’t................... that car — it’s far too expensive.

13. People are.................. to pay a lot for services if they are of a

good quality.

IV. Now read the text again and answer these questions in your
own words.

1. Who decides what products are for sale in a free market?

2. What do companies want?

3. Why is competition a good thing?

4. Why does technology exist in the market economy?

5. Why are there no true market economies in the world today?

• Do you think most countries have a market which is free from government management?

• Can you think of any examples supporting or disagreeing with this idea?

• Do you think the free market is a good idea?

• Is it good for society? Why / Why not?

VI. Say what you have learned about:

— Market or free economy

— Supply and demand in market economy

— The role of competition

— Technology in a free market

— Limits set by government

Practice the use of degrees of comparison of adjectives. (§ 7) 1. Tomorrow I’ll have to come to the office earlier than today. 2. In Petersburg it rains more often than in Moscow. 3. August is the hottest month in the Caucasus. 4. In London the weather is more changeable than in Moscow. 5. 12 o’clock is the most convenient time for our talks. 6. We won’t buy model 10 as it is worse than model 12. 7. We have less work today and we’ll be able to study more. 8. They couldn’t sign the contract as the terms were the least acceptable. 9. Which language does she know better: English or German? 10. What goods does Russia export most of all?

VIII. Form the comparative and superlative degrees of the
following words, translate them.

Cold, wet, dry, early, few, fine, high, hot, lazy, large, lovely, long, light, nice, new, sunny, comfortable, beautiful, difficult, attractive, favorite, possible, popular, interesting.

IX. Supply the correct forms of the verbs (§ 11). Translate the
sentences.

1. Now we (to pack) such goods into containers more and more often.

2. They (to correct) the defects now and tomorrow another test will be done.

3. Now we always (to install) such equipment with the help of our own personnel.

4. As far as we know they (to carry out) loading now.

5. The plant (to reach) the desired capacity by now.

6. Now they (to pack) new equipment in the assembly shop.

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