Say whether these statements true (T) or false (F), and if they are false say why.

a) () Most people work in order to get satisfaction.

b) () Services are either agricultural or manufactured.

c) () Schools and hospitals provide education and medicine.

d) () The same company may produce both goods and services.

e) () Milk and potatoes are agricultural goods.

f) () Paper is a non-agricultural commodity.

g) () The work that people do is their economic system.

h) () Every town has its own economic activity.

i) () Economic activity is the sum-total of what people do and want.

j) () Most people do not want to buy non-essential commodities.

3. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:

To earn a living, to produce, manufactured, to provide goods and services, to maintain, economic activity, to make up, the sum-total of, non-essential commodities, personal satisfaction, Hi-Fi systems.

4. Give English equivalents to the following words and word combinations from the text:

Сільськогосподарські товари, товари першої необхідності, купувати товари та послуги, мати потребу в чомусь, заробляти достатньо грошей, освіта, комерція, економічна система, забезпечувати кого-небудь грошима, надавати послуги, медицина; праця, яку виконують люди; купувати за гроші, більшість людей, особистий, наприклад.

5. In each of the sentences a word is missing. Provide a word or word combinations from the text:

a) Schools, hospitals and banks provide people with important ….

b) He works in order ….

c) Milk and corn are … goods. Paper and cars are … goods.

d) A city has its own ….

e) The money he earns is enough only for ….

f) Such goods like newspapers, toys for children are ….

g) Economic … is the work people do.

h) It was … for him to go to buy most of the things they needed.

i) It was a … matter and he did not want to tell anyone else about it.

j) I don’t like that … restaurant.

6. Work in pairs. Spot mistakes in the following sentences and correct them:

a) Not many people work in order to earn their living.

b) Services are such things as education and agriculture.

c) You can’t buy services and goods in the same company.

d) People hope to earn little money to buy everything they need.

e) Doctors provide us with essential goods.

f) CDs, hi-fi systems are essential commodities.

g) You can buy everything you want without money.

7.a Match the verbs with the nouns. The first has been done for you as an example:

1. to maintain	a) essential commodities
2. to buy	b) a living
3. to produce	c) economic system
4. to earn	d) goods
5. to provide	e) computers
6. to make up	f) services

7.b Find adjectives in the text to the following nouns:

1.	a) system
2.	b) goods
3.	c) activity
4.	d) commodities
5.	e) satisfaction

8. Supply the missing prepositions where necessary:

a) We buy things to eat … potatoes, bread and milk.

b) We work … earn a living.

c) People buy goods and services … money.

d) These marks are the sum-total … what you know.

e) Make …your own answer.

f) He makes … money … provide his children …education.

g) Mr. Emerson works … a big company.

h) What can you buy goods and services …?

i) This book is the sum-total … his life.

9.a Combine some of the words in these sentences in order to make new compound nouns:

EXAMPLE: a) He owns houses. – So he is a house-owner.

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