Economy of Major Industrial English Speaking Countries 


Мы поможем в написании ваших работ!



ЗНАЕТЕ ЛИ ВЫ?

Economy of Major Industrial English Speaking Countries



The economy of the United States. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $42,000. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment.

The economy of the United Kingdom. The UK, a leading trading power and financial centre, is one of the quintet of trillion dollar economies of Western Europe. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labour force. The UK has large coal, natural gas, and oil reserves; primary energy production accounts for 10% of GDP, one of the highest shares of any industrial nation. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. GDP growth slipped in 2001-03 as the global downturn, the high value of the pound, and the bursting of the "new economy" bubble hurt manufacturing and exports. Output recovered in 2004, to 3.2% growth, but fell in 2005, to 1.7%. Despite slower growth, the economy is one of the strongest in Europe; inflation, interest rates, and unemployment remain low. As a major trading nation, the UK will continue to be greatly affected by: world boom or recession; swings in the international oil market; productivity trends in domestic industry; and the terms on which the economic integration of Europe proceeds.

 

Answer the following questions in a written form.

 

1. What is GDP?

2. What advantages do US business firms have?

3. What minerals are mined in UK?

4. What major industrial areas in UK can you name, and what do they produce?

5. Name the main reasons which affect on the UK trade.

6. How can you characterize the agriculture of UK?

 

Tell whether the following statements are true or false. Correct the false statements.

1. State governments buy needed goods and services predominantly in the public marketplace.

2. US firms are at or near the forefront in technological advances.

3. US business firms enjoy bigger flexibility than their counterparts.

4. The UK government has greatly increased public ownership.

5. Unemployment in UK remains high.

6. Agriculture is intensive, highly mechanized, and efficient by European standards.

 

Do the test in a written form.

Choose the correct answer.

1. I don’t know who the letter was from but it …….. in Rome.

a) is posted c) is being posted

b) was posted d) was being posted

 

2. I didn’t hear you …….. home last night.

a) to come c) come

b) have come d) coming

 

3. They ……… the wedding invitations printed last week.

a) have c) had

b) are having d) have had

 

4. You won’t pass the course ………. you work hard.

a) whether c) if

b) when d) unless

 

5. If I hear from Joey, I ………. you know.

a) am letting c) will be letting

b) let d) will let

 

6. He ……… for that call since 5 o’clock.

a) waits c) has been waiting

b) is waiting d) will wait

 

7. It’s a shame Liza couldn’t come, I was looking forward ………her.

a) meeting c) to meet

b) meet d) to meeting

 

8. I enjoy ……… to work in the morning.

a) walking c) to walk

b) walk d) be walking

 

9. I don’t think we’ll be able to lift it …….. someone else helps us.

a) if c) unless

b) when d) because

 

10. Don’t worry ……… Bill is late tonight. He’ll be with me.

a) when c) if

b) unless d) as long as

 

 

8. Fill in if or when.

1. I will keep you informed ………. I myself get the information.

2. ………. we don’t find the way we will not be in time for the conference.

3. ………. there is a breach of contract the case goes to arbitration court.

4. I will invite John to the party …….. I see him.

5. Do not forget to sign the documents ………. you receive the parcel.

 



Поделиться:


Последнее изменение этой страницы: 2017-02-21; просмотров: 293; Нарушение авторского права страницы; Мы поможем в написании вашей работы!

infopedia.su Все материалы представленные на сайте исключительно с целью ознакомления читателями и не преследуют коммерческих целей или нарушение авторских прав. Обратная связь - 3.87.133.69 (0.098 с.)