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IX. Make up your own dialogue using the following expressions:

to allocate resources to be

increased through rate of

growth

to be doomed to uncontrolled

population growth

economic growth

enormous increase in

free enterprise

X. Transform the negative form of the Present Continuous Tense into the affirmative form of the Present Perfect Tense (the Active Voice):

Model: They are not improving the quality of life in that country. They have improved the quality of life in that country.

1. The firm is not increasing output and foreign trade. 2.They are not providing basic services like transportation, communication, sanitation and power. 3. I am not performing the work under physically dangerous conditions. 4. People are not producing modern goods and services in today's offices and factories. 5. The manager is not coming to the conclusion to create a small community.

XI. Put the infinitives in brackets in the Present Perfect Tense (the Active Voice):

1. Enterprises of that socialist country (to carry out) production in strict accordance with a government-prepared plan. 2. They (to increase) farm productivity in some developing countries. 3. You (to share) profits gained at the community owned factories. 4. Agricultural firms (to try) to increase productivity by introducing more modern farming techniques, fertilizers and equipment. 5. He (to find) the way to expand farm output.

XII. Translate into English:

1. Вони зосередили свою увагу на життєвому рівні в країнах, що розвиваються. 2. Чи стало вже вільне підпри­ємництво головною економічною системою в цілому світі?

  1. Уряд та освітянські заклади поліпшили цього року систе­му освіти й навчання. 4. Це забезпечило робочі місця та товари для експорту. 5. Міністерство сільського госпо­дарства ще не модернізувало сільськогосподарський сек­тор.

XIII. Communicative situations:

    1. Explain why you agree or disagree with the following theories:

a) Historical trends can be explained in economic terms alone.

Ь) Labor is the only source of value.

    1. Assume that you have been hired as an economic advisor to the mythical Kingdom of Glipp. Glipp has a tropical climate and its farmers grow bananas and other fruits much as they have for generations. To increase production Glipp's farmers must have modern equipment and training in new farming methods. Glipp also has rich uranium deposits in its interior mountains. There are no railroads or highways into these mountains.

      1. What are the basic economic problems typically facing LDC's like the kingdom of Glipp?

      2. Would you recommend any kind of central planning to deal with these problems? Explain it.

      3. Illiteracy and poverty are problems. How would you propose dealing with these problems?

      4. Would you favor any nationalization in the Kingdom of Glipp?

Explain.

Lesson 13

SOME CURRENT ECONOMIC PROBLEMS

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