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Economic Activity

ECONOMIC ACTIVITY

І. Make up sentences with given words and word-combinations. Let your fellow-students to translate them:

To earn one’s living, to produce goods and services, to produce agricultural goods, to produce manufactured goods, to provide services, economic activity, economic system of the world, to undertake the work, to provide people with money, to buy essential commodities, to buy non-essential commodities, to provide personal satisfaction.

II. Complete the sentences:

1. Most people work in order to...
2. People produce …
3. There are …and … goods.
4. Schools, hospitals and shops provide …
5. The economic activity is …
6. The sum total of all economic activities and people’s wants is …
7. The work which people do provides …
8. People need … commodities.
9. Food, clothes and shelter are …
10. People buy non-essential commodities to …

a) agricultural …manufactured
b) the work which people do.
c) services.
d) what they want or provide them with money.
e) essential commodities
f) earn their living.
g) essential and non-essential
h) provide some personal satisfaction.
i) goods and services.
j) an economic system.

III. Put the right word in the blanks (economic, economical, economically, economics, economist, economize, economy:

1. A person is … free, if he can do what he wishes with his own money, time and property.

2. … say that there are different types of economic systems.

3. The national … could be planned ahead over a number of years.

4. The principles of production and distribution of goods and services and the development of wealth are called ….

5. If you want to go to the Crimea in summer you should start … your money right now.

6. It’s more … to go buy bus.

7. A new president is rebuilding a solid … base for the future of the country.