Thuyết trình: Economic Activity docx

Most people work to earn a living, and produce goods and services.. Some people provide goods, some provide services.. Other people provide both goods and services.. The work people unde

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Most people work to earn a living, and produce goods and services Goods are either agricultural

(like maize and milk) or manufactured (like cars and paper) Services are such things as education,

medicine and commerce Some people provide

goods, some provide services Other people provide both goods and services For example, in the same garage a man may buy a car or some service which helps him to maintain his car

The work people do is called economic activity All economic activities together make up the

economic system of a town, a city, a country or the world Such an economic system is the sum-total

of what people do and what they want The work people undertake either provides what they need or provides the money with which they can buy

essential commodities Of course, most people

hope to earn enough money to buy commodities

and services which are non-essential but which

provide some particular personal satisfaction, like toys for children, visits to the cinema and books

I ORAL QUESTIONS:

a)Why do most people work ?

b) What do they produce ?

c) What do education, medicine and commerce

provide ?

d) What two different things can a man buy in a

garage ?

 Most people work to earn a living

 They produce goods and services

 They provide services

 In a garage two different things can a man buy a car or some service which helps him to maintain his car

e) What is an economic system the sum- total of ?

f) What two things can work provide for the worker ?

g) What can people buy with money ?

 Economic system the sum-total of what people do and what they want

 Work can provide for the worker what they

need or provide the money

 With money people can buy commodities and

services which are non-essential, provide some

particular personal satisfaction, like toys for

children, visits to the cinema and books

II COMPREHENSION:

State whether these sentences are true (T) or

false (F), and if they are false, state why.

a) _ Most people produce goods and services

b) _ Services are either agricultural or

manufactured

c) _ Schools and hopitals provide education and

medicine

d) _ Cars and paper are agricultural goods.

e) _ Paper is a non – agricultural commodity.

f) _ An economic system is the work which

g) _ A city has its own economic system.

h) _ Economic activity is the sum - total of

what people do and want

i) _ The work people undertake provides

them with money, or with what they need

j) _ Most people do not want to buy non-

essential commodities and services

T

F

T

F

III VOCABULARY:

In each of these sentences a word is missing

Fill in the blank with a word from the text.

1) Transport system like railways, buses and planes provide the public with important _

2) They told him to look at the _ and then

Traffic lights

find

5) It was for him to go to the city as soon as possible.

6) They had _ money to buy most of the things they needed

7) It was a matter and he did not wish to tell anyone else about it

convenient

enoughbig

IV WORD STUDY:

In these sentences, certain nouns are underlined Change them into adjectives which can be used

in the blanks.

Ex - education => education + al => educational

- commerce => commerce +al => commercial

a) These goods belong to the nation They are

educationalcommercial

personal

V GRAMMAR

The simple sentence.

- A simple sentence is an independent statement

and contains a single idea

e.g - Travel Services is a small company

- The company has an office in London

- A team of five executives at Evans corporation are planning advertising project

- The order of the words in a simple sentence is very important Look these two simple sentences They both contain the same words they do not mean the same things

- Finbank lent Jim the money

- Jim lent Finbank the money

A simple sentence can have six parts, although this

is not always so Study the order of the words in

the columns bellow :

Who?

Which?

What?

a new motorbike enough money the money

How? Where?

from his bank

When?

Tomorrow he is going to the bank

He can buy the motorbike on credit

He must pay a deposit of $150

You will use the six columns again for this

exercise In each sentence, the words are not in the right order Arrange them correctly according to the six columns and rewrite the sentence in the

provided space.

VI EXERCISE.

1.good/ the/ are/ terms/ very

5 at/ many/ on/ they/ working/ projects/ are/

moment/ the

 The teams are very good

 Jim is choosing the bank to loan

 Jim has to pay in a period of over five years

 The number of foreign tourists to Japan increases every year

 They are working on many projects at the moment

6 packages/ takes/ the/ messenger/ the

7 next/ going/ Alison/ is/ for/ year/ apply/ to/

course/ the/ business

_

8 you/ a/ rise/ Mr Blake/ approved/ pay/ for/

yesterday/ meeting/ the/ at

_

9 we/ in/ finance/ decided/ hotel/ the/ to/ new/

Cairo

 The messenger takes the packages

 Alison is going to apply for the business course next year

 Mr Blake approved you pay for a rise at the

meeting yesterday

 We decided to finance the new hotel in Cairo

10 percent/ trade/ study/ of/ 25/ students/ the/

international

_

11 coffee/ country/ basic/ and/ commodities/ our/

like/ export/ rice

12 lot/ country/ the/ a/ of/ tourist/ money/ from/ trade/ earns

_

13 Japan’s/ with/ increased/ past/ Europe/ has/ trade/ greatly/ years/ in/ the/ twenty

 25 percent of student study the international trade

 Our country export basic commodities like rice

and coffee

 A lot of country earns money from the tourist trade

 Japan’s trade has increased greatly with in twenty years past the Europe

14 has/ to/ income/ he/ tax/ pay/ the/ to/ government.

17 increased/ first/ production/ by/ half/ in/

industrial/ the/ 7%/ year

_

 He has to pay income tax to the government

 They won’t deliver goods until the next Monday

 Last year, factory produced a large quantity of

shoes

 Industrial production increased 7% in the first half year

18 company/ is/ Middle East/ our/ its/ expanding/

business/ in/ the

 They didn’t import any goods from Egypt last year

 Watching television can be very educational