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Unit 2: Different economic systems
5. A man with a good education can usually earn a lot of money.
6. People can satisfy their needs only if they earn money.
7. The citizens can choose what they want to do.
8. People can use their time and money as they wish.
Exercise 4
1. In those days he could earn a lot of money, but not now.
2. In those days they could work very rapidly in that factory, but not now.
3. In those days the breeders could sell a lot of houses, but not now.
4. In those days the miners could provide coal at an economic price, but not now.
5. In those days a man with a good education could usually earn a lot of money, but not
now.
6. In those days people could satisfy their needs only if they earn money, but not now.
7. In those days the citizens could choose what they want to do but, not now.
8. In those days people could use their time and money as they wish, but not now.
Exercise 5
1. He is a car-owner.
2. He is a land-owner.
3. They are horse-breeders.
4. They are factory-owners.
5. They are coal-miners.
6. They are fruit-growers.
7. He is a shoe-maker.
8. He is a meat-packer.
Exercise 6
1. uneconomic

9. unsuitable

2. uneconomical


10. unequal

3. unsatisfactory

11. unproductive

4. unsystematic

12. unnconditional

5. unnecessary

13. unimportant

6. unscientific

14. unusual

7. unenjoyable

15. undesirable

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Unit 2: Different economic systems

8. unavailable
Exercise 7
1. People do not like working in unsatisfactory conditions.

2. The employers decided to close that factory because it was unproductive.
3. Complete economic freedom is an undesirable situation.
4. Compared with our need for food, clothes and shelter, some of our wants are quite
unimportant.
5. We say that goods are sold at uneconomic prices, when the price is less than the cost of
producing them.
6. The goods which he wanted were unavailable at the price which he was willing to pay.
Exercise 8
1. teacher

9. technician

2. worker

10. miner

3. labour

11. farmer

4. statistician

12. chemist

5. mathematician

13. ecologist

6. driver


14. scientist

7. electrician

15. agronomist

8. musician
Exercise 9
carefully

systematically

rapidly

probably

clearly

considerably

completely

regularly

scientifically

usually

1. rapidly
2.


carefully

3. systematically
4. completely
5. scientifically
6. clearly
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Unit 2: Different economic systems
7. probably
8. considerably
9. regularly
10. usually

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Unit 3: Mixed economies

UNIT 3: MIXED ECONOMIES

I. INTRODUCTION
Bài 3 được bố cục theo trình tự như các bài trước. Trong bài số 3 bạn sẽ học về nền kinh tế
hỗn hợp và những nước có nền kinh tế hỗn hợp đó là những nước nào.

II. UNIT OBJECTIVES
Bài học bao gồm các mục đích sau:
- Từ vựng liên quan đến các nền kinh tế hỗn hợp.

- Cách tạo từ mới bằng cách thêm hậu tố.
- Cách sử dụng cấu trúc Used to
- Ôn lại cách sử dụng câu gián tiếp (Reported speech)
- Ôn tiếp cấu trúc so sánh

III. CONTENTS
1. TEXT 3.1
No state today is completely communistic; no state is completely capitalistic.
The various national economic systems tend towards communism or capitalism, and many
are difficult to classify exactly.
It has been found necessary in many countries to control or regulate national economic
conditions.
Even the most dedicated free enterprise systems, such as the USA, have felt this need.
The under-developed countries of the world are usually interested in control and long-term
planning.
Such countries as India have had a number of plans guided by the government.
India makes a distinction between the public sector of the economy on the one hand and the
private sector on the other hand.
Such systems, with public and private sectors, are neither communistic nor capitalistic, but
are sometimes called mixed economies.
Britain today has a mixed economy.

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Unit 3: Mixed economies
In the public sector of British economic life are the nationalized industries like coal and
steel, British Rail and BOAC.
In the private sector are the majority of the nation’s industries, both large and small.
The private sector includes giant companies like ICI and BP and a great number of small

family businesses.
In 1962 the British government set up an official body to plan national economic policies.
This body is called the National Economic Development Council. The members of this council
are representatives of the employers, employees and other interested people.
Exercise 1
Answer these questions. You may answer either YES or NO. Give your reasons. Quote
from the text in support of your answer.
1. Are there any completely communistic states?
………………………………………………………………………………………………
2. Are there any completely capitalistic states?
………………………………………………………………………………………………
3. Do the various national economies tend towards one or other ideology?
………………………………………………………………………………………………
4. Are the various economic systems difficult to classify?
………………………………………………………………………………………………
5. Have most countries found economic control necessary?
………………………………………………………………………………………………
6. Has the USA felt the same need?
………………………………………………………………………………………………
7. Are the under-developed countries interested in control and planning?
………………………………………………………………………………………………
8. Has the India had a number of national economic plans?
………………………………………………………………………………………………
9. Is the Indian economy based entirely on private enterprise?
………………………………………………………………………………………………
10. Does the Indian economy have two distinct sectors?
………………………………………………………………………………………………
11. Is the Indian system a mixed economy?
………………………………………………………………………………………………
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Unit 3: Mixed economies
12. Is BOAC a nationalized British industry?
………………………………………………………………………………………………
13. Is the ICI a nationalized British Industry?
………………………………………………………………………………………………
14. Was the NEDC set up by British government?
………………………………………………………………………………………………
15. Are both employers and employees represented on NEDC?
………………………………………………………………………………………………
Exercise 2
Answer these questions, basing your answer on the text.
1. Why is it difficult to classify many national economic systems?
………………………………………………………………………………………………
2. What are the under-developed countries interested in?
………………………………………………………………………………………………
3. What are the Indian systems sometimes called?
………………………………………………………………………………………………
4. In which sector are the majority of British industries?
………………………………………………………………………………………………
5. What did the British government set up in 1962?
………………………………………………………………………………………………
Exercise 3
Change these sentences by changing certain adjectives into verbs. The new verbs are listed,
but not in the proper order. Note that all these verbs are concerned with making something
happen.
Example: They made the economy regular.
They regulated the economy.
Complicate; consolidate; liquidate; simplify; nationalize; internationalize; activate; reactivate.

1. They made the subject complex.
………………………………………………………………………………………………
2. They made the subject simple.
………………………………………………………………………………………………
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Unit 3: Mixed economies
3. They made the businesses “solid” (by bringing them together).
………………………………………………………………………………………………
4. They made the business “liquid” (by breaking it up or dissolving it)
………………………………………………………………………………………………
5. They made the economy active.
………………………………………………………………………………………………
6. They made the economy active again (or for a second time).
………………………………………………………………………………………………
7. They made the industry national (or public).
………………………………………………………………………………………………
8. They made the business international.
………………………………………………………………………………………………

2. LANGUAGE PRACTICE
2.1. Suffixes -ify and -cation
Study the table. It shows how words can be formed by adding the suffixes -ify and –cation
(with suitable changes in spelling).
Example: simple ____ simplify _____ simplification

Use the table and the example to help you fill in the blank in the sentences

Simple


ify

Note
Pure
Class

ification

Clear (= clar-)

NOTE: remember to remove the “e” in simple, note and pure.
a. This plan is not simple enough. We must therefore _______ it. The ______ of plan is
essential.

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