Unit 1 Economic Activity

Date: 2015-10-07; view: 538.

Provide money for a project, etc.

Money gained by trade or business.

A list of goods supplied or work done stating quantity and proce.

A supply of something for use.

Money in the form of coins and notes.

All the things a firm owns.

The act of losing or failing to keep something.

A general tendency or direction in the way a situation is changing or developing.

A shortened form of a word.

A system of buying goods or services and paying for them later.

A sun of money kept in a bank which may be added to or taken from.

A piece of business, the act of transacting.

Часть бизнеса, акт провождения.

Солнце денег держало в банке, который может быть добавлен к или взят от.

Система закупки товаров или услуг и платежа за них позже.

Сокращенная форма слова.

Общая тенденция или руководство в пути ситуация изменяются или развиваются.

Акт потери или провала попытки держать кое-что.

Все вещи фирма имеют.

Деньги в форме монет и примечаний.

Поставка кое-чего для использования.

Список снабженных товаров или работы, сделанной, заявляя количество и proce.

Деньги, полученные торговлей или бизнесом.

Обеспечьте деньги для проекта, и т.д.

Most people work to earn a living, and produce goods and services. Goods are either agricultural (like maze and milk) or manufactured (like cars and paper). Services are such things as education, medicine and commerce. Some people provide goods; some provide services. Other people provide both goods and services. For example, in the same garage a man may buy a car or some service which helps him to maintain his car.

The work people do is called economic activity. All economic activities together make up the economic system of a town, a city, a country or the world. Such an economic system is the sum-total of what people do and what they want. The work people undertake either provides what they need or provides the money with which they can buy essential commodities. Of course, most people hope to earn enough money to buy commodities and services which are non-essential but which provide some particular personal satisfaction, like toys for children, visits to the cinema and books.

Exercise 1. Answer the following questions.

a. Why do most people work?

b. What do they produce?

c. Where are goods produced?

d. What do schools, hospitals and shops provide?

e. What two different things can a man buy in, for example, a garage?

f. What do we call the work which people do?

g. What is an economic system the sum-total of?

h. What two things can work provide for the worker?

i. What can people buy with money?