Economic activities

1. Practice saying the following words. Pay attention on the stress.

system, equal, solid, liquid, mobile, complex, regular, similar, rapid, service, different, level, valuable, hospital.

provide, example, belong, maintain, perhaps, replace, result, occur, obtain, police, arrange, appear, concern, describe, explain

tomorrow, together, activity, commodity, productive, particular, equality, complexity, enjoyable, description, objective, necessity, liquidity.

2. Study the diagram and complete the following sentences.

econom	y
	ics
	ic	al	ly
	ist

Marx and Keynes are two famous _______ s.

Those people are studying the science of _______ .

We sometimes call a person’s work his _______ activity.

People should be very ______ with the money they earn.

The economic system of a country is usually called the national _____ .

The people in that town live very ______ .

3. The table shows how words are formed around the verb produce. List all the words you can make from the table and use them in suitable blanks in the sentences.

produc	e	r
	t	iv(e)	ity
		ion

The company _______ a new commodity every year.

The company’s newest ________ is a special blue soap powder.

The ______ of soap powders met last year to discuss prices.

That factory is not as ______ now as it was five years ago.

The ______ of that factory has gone down over the last five years.

The manager of the factory has decided that they must increase their _______ of packets of soap powder.

4. Seven words can be formed from the basic word nation. This table shows how to do it. Put each word in its suitable place in the sentences.

nation	al	ise	d
			ation
		ism
		ist	ic

The USA is the homeland of the American _____ .

Most countries have ________ banks, such as the Bank of England.

The Socialist Party has plans to _______ various privately owned industries.

British Rail is already a _______ industry, because it is publicly owned.

The name given to the change from private to public ownership is _______ .

In the last twenty years _______ has been a strong political force leading to the formation of many new nations.

A person who is interested in the progress and history of his own country may be called a _______ .

Many governments have certain policies which are not international but simply _______ .