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I. Find answers in the text:

  1. What do we mean when we say a country is developed or developing? 2. What are measures of country development? 3. How many children die daily in the world? 4. What is the level of illiteracy in the world? 5. What in the income of people in under-developed countries? 6. From what do people in under-developed countries suffer? 7. What does it mean «to be caught in a poverty trap»? 8. Can economies grow in less developed countries? 10. Foreign companies do not want to invest in these countries. Why?

  2. Complete the sentences as in the text.

  1. The United Nations use three measures: …

  2. Most of the world’s population lives in…

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  1. Disasters and diseases cause suffering to …

  2. When peace came to former colonies, these countries fell …

  3. Debts and unfair trading of undeveloped countries are the cause of …

  4. It is hard for poorer countries to compete with …

III. Choose the correct word.

1. Many African countries were nations/colonies of European countries until the 20th century.

  1. If your debt stopped/cancelled, you don’t need to pay the money back.

  2. A privileged/reluctant person is able to have things that others cannot have.

  3. Political stability/instability happens when a country’s political system does not work properly.

  4. A grant/loan is money given to someone (or a country) without having to pay it back.

  5. If you are reluctant/willing do something, you don’t really want to do it.

  6. Another word for help is aid/hamper.

  7. When something aids/hampers you, it stops you from doing what you want to do.

9. Capital/primary goods are goods which are used in order to produce other goods or things which can be consumed without being processed.

  1. Mature/Reluctant means fully developed.

  2. Capital/Primary goods are the factories and machinery that an economy needs in order to produce other goods.

  3. Human aid/capital is the educational level and the health of the working population.

IV. Now read the text again and choose the best answer а, в or с to complete each sentence.

1. The majority of people in the world live ...

A. in developed countries.

B. in less developed countries.

C. on less than a dollar a day.

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2. Natural disasters and diseases ...

A. happen more often in less developed countries.

B. are worse in less developed countries.

C. have a serious impact on the economy of less developed countries.

3. Children often can’t get an education because ...

A. there’s not enough human capital.

B. governments don’t wish to provide it.

C. their families are poor.

4. Political instability ...

A. prevents investment.

B. causes war.

C. causes corruption.

5. The poorest 60 countries ...

A. receive many hundreds of billions of dollars in aid annually.

B. receive less money in aid than they spend on repayments.

C. spend less money on repayments than they receive in aid.

6. Less developed countries are not able to spend enough money on ...

A. primary goods.

B. capital goods. C.imported goods.