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2. Choose the best endings to the following statements.

1. Our goods and services are sold for money, and that money is exchanged for

a) cheques b) money orders

c) other goods and services

2. Originally, a valuable metal served as

b) a constant store of value

a) an instrument of credit' c) a national currency

3. The US government maintains ... .

b) the British pound

a) the American dollar c) the French franc

4. Nowadays national currencies are considered to be as strong as ..

a) the national economies b) the government

c) the banking system

5. Cheques and money orders perform the function of ... .

a) money b) substitute money

c) a constant store of value

6. A man will obtain large sums of credit if his assets ... .

a) are considerable b) are in doubt

c) equal zero

7. The purchasing power is dependent on ... .

a) credit b) supply and demand

c) business transactions

41

УЧЕБНЫЙ ЭЛЕМЕНТ 1 (УЭ-1) ENTREPRENEURSHIP

I. Improve your wordpower.

1. Study the following

foster (v) innovation (n) facilitate (v) available (adj) failure (n) involve (v) considerable (adj) effort (n) overcome (v) venture (n) survival (n) corresponding (adj) judgment (n) application (n) acceptance (n) attain (v) escape (v) waste (n) threat (n) ally (n) notion (n) evolve (v) embrace (v) urgent (adj)

words and word combinations:

способствовать

нововведение

облегчать, способствовать

наличный, доступный

провал, банкротство

вовлекать

значительный

усилие

преодолеть

предприятие

выживание

соответствующий

суждение

заявление

принятие

достигать, добиваться

избегать

растрата

угроза

союзник

понятие, представление

развивать

охватывать

срочный, безотлагательный

2. Using a dictionary add as many words as possible into the table.

Verbs

Adjectives

Nouns

1.

innovation

2.

available

3.

considerable

4.

survival

5.

judgment

6.

acceptance

7. attain

8.

application

9. waste

10.

threat

11. evolve

42

3. Match the words with the definitions below.

                  1. foster (v)

                  1. facilitate (v)

                  1. involve (v)

                  1. judgment (n)

                  1. attain (v)

                  1. threat (n)

                  1. ally (n)

                  1. notion (n)

                  1. evolve (v)

                  1. embrace (v)

a. a person or country that helps or support one

b. an idea, belief or option

c. to cause someone to be connected or concerned

d. a sign of possible danger

e. the ability to decide correctly

f. to encourage to grow or develop

g. to cause to develop gradually h. to succeed in arriving at after effort i. to make easy or easier j. to contain or include