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Essentials of Business English full.doc
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  • Standard of Living - threshold of material security measured by the availability of resources to an individual, family, or society.

  • Cost of Living - amount of money needed to purchase the goods and services required to maintain a certain standard of living.

  • Lifestyle – a way of life that reflects the attitudes and values of a person or a group.

  • Way of life – a habit, characteristic or tendency of life.

  1. Smoking cigarettes, drinking alcohol excessively, overeating or not exercising, and living in a state of constant stress are all now considered harmful ………………

  2. Inflationary pressures resulted in an increase in the ………………of more than 200 percent.

  3. The collectivisation of agriculture in the early 1930s and the suppression of Islam significantly altered the ………………of the Adygean people.

  4. The Kreisky era was marked by modernisation and a dramatic increase in the ………………for people in all social classes.

  5. This book, as well as Beckford’s extravagant estates, decadent ………………, gave him the reputation of being an eccentric genius.

  6. When the refinery closed in 1985, many Arubans lost their jobs and experienced a drastic reduction in their………………

  7. Since World War I ………………statistics have become important barometers of national economies.

  8. The Amish have maintained a distinctive and conservative agricultural ………………despite the influences of modern industrial society.

  9. The illness caused Allen to re-evaluate his………………He left his position at Microsoft and spent much of the next two years travelling, reading, and scuba diving.

  10. In 1965 American culture favoured new and adventurous clothing, ………………, and unconventional music.

  11. 1921 and 1953 the basic wage was automatically adjusted to quarterly rises and falls in …………….

  12. …………………. has improved, but the gap between rich and poor continues to grow.

  13. The fund works to promote world peace, preserve the Russian …………………, and help veterans help themselves.

  14. Expectations in African nations for a better ………………have increased.

  15. Even in the 1970s, prior to the war, Afghanistan had one of the lowest ………………in the world.

  16. The Russians began to colonise the region, and the people of Altay gradually shifted from a nomadic to a more settled………………

  17. Wages have not kept pace with the rising ………………

  18. Inflation and high ………………however, persisted throughout the post-war period.

Grammar in Use

  1. Find a corresponding definition for each phrasal verb.

  1. sort out

  1. to present a new product to the public; introduce for sale;

  1. spell out

  1. to gain control of a business by buying all shares and rights of other people in the business

  1. sell out

  1. to produce; make

  1. make out

  1. to explain in the clearest or most detailed way

  1. buy out

  1. to find a solution to (a problem, etc.)

  1. sound out

  1. to leave a place or time of trouble

  1. bring out

  1. to fulfill a duty, task; to perform or cause to be implemented

  1. carry out

  1. to write in complete form

  1. turn out

  1. to question (someone) in order to discover (opinions, facts, etc.)

  1. pull out

  1. to sell one’s share in a business; to sell all of what was for sale

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