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Vocabulary exercises

  1. Which of the following statements are true/false according to the text? Correct the false sentences:

  1. Since the Second World War Britain has had many manufacturing industries.

  1. There are very many successful large companies in Britain.

  1. Many small businesses appeared in the 1980s.

  1. The end of the 1990s saw the decline of private entersprise in the UK.

  1. Some European countries and the US had a better developed sector of small business than the UK at the end of the 20th century.

  1. Poor management resulted in bancruptcy for many small businesses.

  1. Britain is not a member of the European Community.

  1. Large companies prefer to avoid investing money in R&D.

  1. Glaxo is one of the largest pharmaceutical companies in the world.

  1. Quad Electroacoustic is at present the second-largest company in Europe.

  1. Fill in the gaps with the words and expressions from the text:

  1. Over half the new jobs in Britain are aerated by firms … fewer than 100 staff.

  2. … … grow from small ones.

  3. These companies are successful because they use first-class materials, have excellent … … and the workers are proud of what they make.

  4. The Morgan Motor Company … elite cars.

  5. Since the Second World War Britain’s service industries, especially banking and …, have expanded.

  6. At the end of 1990 officially there was a total of more than 1.5 million small businesses, though the real figure, including the «…», was probably nearer two million.

  7. Unfortunately, many small businesses fail to survive, mainly as a result of poor … .

  8. The large companies invest a lot of money in research and development (R & D) to find new and better, usually …, products.

  9. It was at that time that … … began to increase rapidly.

  10. … … , including steel manufacture and shipbuilding, have been replaced by high-technology manufacturing industries.

  1. Fill in the table with the data from the text:

The small companies

The large companies

  1. Find in the text English equivalents for the following:

  1. Банковское дело

  1. Расширяться

  1. Сталелитейная промышленность

  1. Успешный

  1. Резко увеличиться, возрасти

  1. Выживать

  1. Европейское сообщество

  1. Рабочее место

  1. Вкладывать деньги

  1. Разведка месторождений нефти и газа

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