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  1. Skim the text to answer the questions.

  1. What did the success of British industrial expansion mainly depend on until the 1840s?

  2. Why did the economy of Britain flourish then?

  3. Why did the success of the economy come to rest?

  4. For which reason did many individuals and families become wealthy and successful at that time?

  5. What were the Corn Laws for?

  6. In which way did the Great Exhibition of 1851 mark the peak of British economic dominance?

  7. Explain the expression “the storm clouds were already gathering”.

  8. Which countries were the main rivals of Great Britain in the sphere of economy?

  1. Find in the text the antonyms for the following words:

Failure

unsuccessful

Import

Falling

Foreign

expensive

negative

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

  1. The economy ______ when cotton boomed and exports were high.

  2. There was growing ______ from other industrializing nations.

  3. ______ were great and ______ were high.

  4. The Great Exhibition of 1851 ______ of British economic dominance.

  5. A huge range of British products were displayed for ______.

  6. The extension of free trade created a ______.

  7. British capital and British financial institutions dominated ______.

  8. ______ would soon open up the great granaries of the world in Russia.

  9. ______ in the economy was decelerating from the 1870s.

  10. Some sectors were entering a ______.

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

Спад

уверенность

расширение

Успех

предотвращать

Сырьё

поставка

Спрос

доминирование

потребитель

  1. Translate into Russian:

Industrial expansion

Consumer goods

Overstocked markets

Shaken confidence

Railway networks

Start-up costs

Easily available

Extension of free trade

Great granaries

To be pioneered

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