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7. Make up sentences putting the words in the correct order.

1. Functions, as, may, defined, be, follows, economic, the, system, an, of.

2. It, necessary, is, to expand, fixed, to maintain, capital, and, the, investment.

3. It, very, is, the, resources, to utilize, of, important, society.

4. Singled, can, out, be, systems, economic, different.

5. Mixed, split, economy, private, into, public, sector, system, the, and.

6. In, field, certain, commercial, the, services, and, goods, are, their, by, monopolies, nature.

7. Is, natural, transport, another, monopoly.

8.Natural, come to be run, monopolies, by, institutions, nationalized, who, the services, provide, required, price, at, reasonable.

8. Form nouns from the following verbs:

a) To maintain, to operate, to conduct, to perform, to compete, to grow, to combine, to achieve, to pay, to employ, to regenerate.

Form adjectives from the following verbs:

b) To change, to understand, to value, to profit, to market.

9. Checking facts and ideas.

  1. The main task of economic system work does not include the definition what goods and services are to be produce.

  2. The thought about fully utilizing the resources of society is false by itself.

  3. In market economy such activities as supplying gas, electricity and water are conducted by state –owned enterprises.

  4. Natural monopolies including transport are controlled by the state.

10. Single out the main points of the text. Use the following opening phrases:

The text looks at (the problem of…)

The text deals with the issue of..

It is clear from the text that…

Among other things the text raises the issue of…

The problem of…is of great importance

One of the main points to be singled out is

Great importance is also attached to…

In this connection, I’d like to say…

It further says that…

I find the question of…very important because…

We shouldn’t forget that…

I think that…should be mentioned here as a very important…mechanism of… .

11. Divide the text into logical parts and give them titles.

12. Look at the scheme and give the examples of enterprises in your town. Answer the questions.

Socially-owned enterprise

державне підприємство

State-owned enterprise

державне підприємство

Unitary state and municipal enterprises

державні та муніципальні унітарні підприємства

To run an enterprise

керувати підприємством

To set up an enterprise

організувати підприємство

1. What type of enterprise do you want to have?

2. Would you like to be a director of socially-owned enterprise? Why?

3. Is it difficult to run a large-scale enterprise?

4. What do you think, is it difficult to set up an enterprise? What is necessary for this process?

Grammar exercises

1. Form three degrees of comparison of adjectives and adverbs.

Low, high, great, fast, effective, efficient, attractive, good, bad, little, many, reliable, limited, soon, quickly, often, slowly, much, well, significant.