- •U n I t 6
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •IV. Match the antonyms:
- •V. Fill in the blanks with prepositions or adverbs if necessary:
- •VI. Complete the following sentences:
- •VII. Answer the following questions:
- •VIII. Translate into English:
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •IV. Complete the following sentences:
- •V. Match each term in Column a with its definition in Column b:
- •1. An example of capital goods may be
- •X. Retell the text b using the following words and
- •III. Answer the following questions:
- •VIII. Put the verbs in brackets into the Past Indefinite or
- •IX. Translate into English:
- •The Future Continuous Tense
- •X. Give short and full answers:
- •XI. Answer the following questions:
- •XII. Make the following sentences interrogative and negative:
- •XIII. Translate into Ukrainian:
- •XIV. Put questions to the italicized words:
- •XV. Complete the disjunctive questions:
- •XXI. Complete the following sentences by using as ... As:
- •XXII. Write sentences making a comparison between the two
- •XXIX. Answer the following questions:
- •III. Change the following sentences into the Past Continuous:
- •IV. Put the verbs in brackets into the Past Indefinite or
- •V. Translate into English:
- •VI. Put the verbs in brackets into the Future Continuous Tense:
- •VII. Complete the following sentences by using adjectives:
- •VIII. Translate into English:
- •IX. Put the adjectives in brackets into the correct form:
Comments
1. output — випуск, продукція
2. capital goods — засоби виробництва
3. financial capital — фінансовий капітал
4. at the same time — у той самий час, водночас
5. input — фактор, що впроваджується
6. managerial or organizational skills — організаційні або управлінські здібності
7. profit — прибуток
8. return or reward — прибуток або винагорода
9. to suffer losses — зазнавати збитків
VOCABULARY EXERCISES
I. Name the word-building elements (suffixes, prefixes) and
the part of speech of each word:
to manage — manageable — managing — management — manager — managerial; entrepreneur — entrepreneurial — entrepreneurship; to produce — produce — producer — product — production — productive — productively — productiveness — productivity; profit — profitability — profitable — profiteer — profiteering — profitless.
II. Give the English equivalents for:
земля; праця; капiтал; фактори виробництва; продукція; водночас; підприємництво; отримувати прибуток; виробництво товарів та послуг; фактор, що впроваджується; фінансовий капітал; організаційні та управлінські здібності; засоби виробництва; зазнавати збитків.
III. Fill in the blanks below with the most appropriate terms
from the list:
financial capital; profit; entrepreneur; factors of production; capital; inputs; goods and services; losses; capital goods.
1. _________ is a produced factor of production. 2. _________ include plant and machinery, industrial buildings, and raw material. 3. __________ is the money used to buy the tools and equipment used in production. 4. When the three ________ are present, production or the process of creating ________ can take place. 5. An ___________ is an individual who owns and operates his own business in the hope of earning ________ . 6. The entrepreneur brings together the other three ________ . 7. When the business is not successful, entrepreneurs suffer ________ .
IV. Complete the following sentences:
1. The third factor of production is ... . 2. Capital is a produced factor of production ... . 3. Financial capital is ... . 4. Capital is unique in that, it is ... . 5. When the three inputs — land, labour and capital — are present, ... . 6. Even the production of the service called education requires ... . 7. Entrepreneurship, the managerial or organizational skills needed by most firms to produce goods and services, is ... . 8. The entrepreneur brings together ... . 9. When they are successful, entrepreneurs ... . 10. Profit is ... . 11. When they are not successful, ... .
V. Match each term in Column a with its definition in Column b:
Column A Column B
1. labour |
a. Anything that goes into the production process. |
2. capital goods |
b. Money gained in business; the difference between the amount earned and the amount spent. |
3. financial capital |
c. The human effort required to produce goods and services. |
4. production |
d. Something created to produce other goods and services. |
5. inputs |
e. The money used to buy the tools and equipment used in production. |
6. land |
f. The productive resources of land, labour and capital. |
7. profit |
g. Natural resources that go into the creation of goods and services. |
8. factors of production |
h. The process of creating goods and services. |
Define which of the following items best completes
the statement: