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Тема 3 (2011). Економіка. Основні економічні пи....doc
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Comments

1. ... people are expected to go along with — сподiваються, що люди приєднаються

2. to shift resources — перемiстити ресурси

3. the lack of incentives — брак стимулiв

4. in addition — до того ж; крім того

5. regardless of — незважаючи на

6. production costs — витрати виробництва

Vocabulary exercises

I. Define the parts of speech of the following words:

economy, economic, authority, leader, production, large, responsibility, drastically, decide, decision, to stress, defence, military, equipment, advantage, incentive, relatively, different, tendency, to increase.

II. Form the new words using suffix -ity:

similar, personal, fertile, productive, responsible, able, provincial, active, stable, special, flexible, equal, scarce, possible.

III. Give the English equivalents for:

кoмандна економiка; економiчний вибiр; плановi органи; змiцнювати нацiональну оборону; центральнi керiвнi органи; визначати потреби; основнi галузi промисловостi; перемiщати ресурси; важка промисловiсть; споживчi товари; вiйськове устаткування; у вiдносно короткий промiжок часу; рiшуче змiнювати напрям; задовольняти бажання та потреби людей; заохочувати людей наполегливо працювати; брак стимулів; ви- трати виробництва; незважаючи на; якiсть роботи; великий бюрократич­ний апарат, що приймає рiшення; займатися щоденними проблемам; керувати системою; рiзний рiвень вiдповiдальностi.

  1. Fill in the blanks with prepositions or adverbs if necessary:

1. Economic decisions are made ... the top and people are expected to go ... choices made ... their leaders. 2. The government decides goals ... the economy and determines needs and production quotas ... major industries. 3. In most ... command economies people ... lose jobs regardless ... the quality ... their work. 4. As a result, there is a tendency ... some to work ... hard enough to fill ... production quotas set ... planners. 5. A command system does not have the flexibility to deal ... day-to-day problems.

  1. Complete the following sentences:

1. In a command economy decisions are made ... . 2. It means that ... . 3. Government decides ... . 4. If the planning body wants to strengthen national defence, it can ... . 5. The major advantage of a command system is ... . 6. The major disadvantage of a command system is ... . 7. The second disadvantage of the command economy is ... . 8. The command economy requires ... .

  1. Answer the following questions:

1. Who makes most of What, How and for Whom decisions in a command economy? 2. Who determines needs and production quotas for major industries? 3. What is the major advantage of a command system? 4. What disadvantages does the command economy have? 5. What does the command economy require? 6. The command system doesn’t have the flexibility to deal with day-to-day problems, does it?

VII. Retell the text b using the following words and word-combinations:

command economy; central authority; to go along with smth; production quotas; major economic choices; major industries; to direct resources; to stress growth of heavy manufacturing; to strengthen national defence; in a relatively short time; to change direction drastically; consumer goods; to determine needs; to meet the wants and needs of individuals; the lack of incentives; regardless of; to shift resources; to operate the system; a large decision-making bureaucracy; production costs; to deal with day-to-day problems.