B. On a personal note. Write about one of these topics.

Write about one of these topics.

1. Summarize what a person has to do to become an American citizen. Do you think the requirements are reasonable?

2. Do you think the American government provides enough services and benefits to the nation's residents? If not, what additional help is needed? Should taxes be higher so that the government can provide more assistance to individuals and families?

3. Write about something you are opposed to. Explain why you oppose it.

UNIT 4 The World of American Business

Capitalism and the American Economy

BEFORE YOU READ

Discuss

1. If we say that the economy of a country is strong or healthy, what do we mean? What does that say about employment, salaries, prices, production of goods, and so on?

2. What is capitalism? What are its main characteristics?

3. What is competition? When is it good? When is it bad?

Guess

Try to answer the questions. Then look for the answers in the reading.

1. How many Americans own shares of stock in companies traded on the two major stock exchanges? Check (Ö) one:

____10 million ____ 60 million ____ 120 million

2. About how many Americans go bankrupt each year? Check (Ö) one:

____ 500,000 ____ 1 million ____ 5 million

3. About how many women own their own businesses? Check (Ö) one:

_____ 6 million ______9 million _____12 million

Capitalism and the American Economy

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