Fill in the blanks with the Vocabulary on the text

Insert prepositions.

Grammar exercises

Answer the questions on the text.

Agree or disagree. Correct wrong statements.

Give English equivalents.

Give Russian equivalents.

Notes on the text

it is no longer the case – это больше не проблема

net advantages – чистые преимущества

Creation of goods and services; so that production takes place; to make a decision; whoever makes the decision; fundamental decision; the private costs; to exert a great influence upon the location decision; the physical features of the site; to decide location; this is no longer the case.

Предприниматель, определяющий фактор, трудовые умения, случаться (иметь место), считаться, размещение, близость к сырью и энергии, требование, зависеть от (зависимый от), иметь первостепенное значение, находиться, доступность места, сеть железных дорог, крупномасштабное предприятие, подавляющая доля, грузовой транспорт, автострада.

1. There are two main factors of production.

2. Labour, capital and natural resources are not enough for production.

3. The most important problems to solve are what and how to produce.

4. Deciding on location you should calculate all the private costs.

5. The proximity to raw materials and power is not so important for location now.

6. The availability of labour is important when an enterprise is large-scale.

7. Industries producing steel, paper, chemicals tend to be found far from large cities.

8. The overwhelming proportion of passenger and freight traffic uses railway network mainly.

1. What are the factors of production?

2. How many factors of production are there?

3. Who makes the decision about the production?

4. How is the money the owners receive as the payment for land, labour and capital called?

5. What is one of the fundamental decisions of entrepreneurs?

6. What are the factors influencing the location of industry?

7. Why is it necessary to locate the enterprise near to raw materials and power?

8. What can cheapen the movement of raw materials and finished products?

9. Which industries require large quantities of water?

10. Is the railway network an essential requirement nowadays? Why?

1. Someone must make decisions … what, how and where to produce.

2. Proximity … the railway network was an essential requirement … any large- scale enterprise.

3. … some industries the physical features of the site are … prime importance.

4. There are many important factors … deciding … location.

1. The resources that go into creation of goods are called the factors of ….

2. An entrepreneur decides on what to …, how to …, where to ….

3. The major … of location is the private costs.

4. The firm will … with a difficult problem as its needs as a … might conflict with its needs as a seller.

5.The main factor is the … to raw materials and power.

6. Nowadays great improvements in transport have cheapened the movement of … and finished ….

7. An industry is dependent upon particular …, local supplies of such skills will … a great influence upon the … decision.

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