Ex 7. Look at suffixes of nouns and adjectives. Form the missing words in the

Ex 6.

1. Help - assistance to someone or something; actions or means facilitating, simplifying something.

2. Participate - joint activity with someone else, involvement in any activity.

3. Contribute - provide assistance, contribute; to be the cause of something, to help, to serve the appearance, emergence, development of something.

4. Allocate - divide, divide between someone, giving each a specific part.

5. Mean - to invest a certain meaning (in a word, phrase, etc.), understand, interpret something (word, phrase) in a certain way, keep in mind.

6. Equitable - impartially following the truth, the truth in his actions and opinions, true, correct, thorough, not fictitious.

7. Prevent - to prevent the onset, the implementation of something unpleasant, bad.

8. Assemble - to connect in one place, to convene, to force to arrive somewhere, to accumulate.

9. Perform - implement, execute, fulfill, lead, conduct, apply, commit, enforce

10. Imply - to invest a certain meaning (in a word, phrase, etc.), understand, interpret something (word, phrase) in a certain way, keep in mind.

11. Consider - take into account; determine, establish the essence, nature of something, their attitude to something.

12. Scarce – abundant; inadequate, unsatisfying demand.

13. Benefit - benefit, usefulness (in the broad sense); some profit, moral or material (financial benefit); income derived from anything.

14. Value - is the economic monetary expression of the worth of something

15. Societal - related to the life of people in society, their relations in society or towards society, public

16. Vary - to have differences, dissimilarity in something.

17. Certainly - expresses a confident statement.

18. Compete – fight (in the moral, material and physical sense) with someone for the best results.

 

columns and translate the resulting words.

Nouns: -ness, -ion, -ation, -ment, -ance, -ition

Adjectives: -al, -y, -ly, -ful, -ous, -tific

1) Adjective

1. lucky

2. happy

3. wonderful

4. speedy

5. greedy

6. friendly

7. scientific

8. traditional

9. scientific

10. ill

11. truly

12. professional

13. business

14. healthy

15. wealthy

2) Noun

1. luck

2. happiness

3. wonder

4. speed

5. greed

6. friend

7. science

8. tradition

9. science

10. illness

11. truth

12. profession

13. business

14. health

15. wealth

 

3) Noun

1. investigation

2. invitation

3. discussion

4. appearance

5. organization

6. relaxation

 7. competition

 8. inventor

4) Verb

1. investigate

2. invite

3. discuss

4. appean

5. organize

6. relax

 7. compete

 8. invent

 

 

Ex 8. Open the brackets.

The Price System

Who told workers where  to work or what occupation to choose? Who declares haw many cars should to produce and how many homes should to build? Who specifies the predominant style of women’s dresses or men’s suits? The greater the degree of competition the more these matters decides impersonally and automatically by the price system or the market system. This may to view as a system of rewards and penalties. Rewards include profits for firms and people who succeed. Penalties include losses, or probably bankruptcy, for those who failed. The price system is fundamental to the traditional concept of market economy. The price system basically operates on the principle that everything that is exchanging – every good, every service, and every resource –has its price. In a free market with many buyers and sellers, the prices of these things reflect the quantities that sellers make available and the quantities that buyers wishes to purchase. Thus, if buyers wanting to purchase more of a certain good than suppliers have available, its price rises. This encourages suppliers to produce and sell more of it. On the other hand, if buyers wanting to purchase less of a certain good than suppliers prepares to sell, its price will fall. This encourages buyers to purchase more of it. This interaction between sellers and buyers in a competitive market, and the resulting changes in prices, is what most people refer to by the familiar phrase “supply and demand”