1.This year`s designs are (pretty) than last year.
2. The industrial revolution began and the middle classes were growing (strong).
3.The quality of the clothes is (bad) than ever before.
IV. (1-4) (a-d): a) for b)on c) in d)at.
1.Companies work ---- different ways.
2.Each person has responsibility ---- a specific area of work.
3.Theyll deliver the goods ---the end of the month. 4.The secretary will book him ----a later flight.
V. . .
| a | b | c | d | e |
| competitive | projects | CEO | rate | customers |
1.Some workers travel to different countries to work on-------.
2.A ------- makes important decisions and leads the company.
3.The currencies exchange -------usually changes every day.
4.In the past, companies tried to be more -------by offering a better price.
5.Companies often carry out market research to find out what ------- think.
VI. 1-5. .
| 1.creative | a)GOOD AT MAKING THINGS WORK |
| 2.practical | b) want to reach the top in their career |
3.hard-working c) have a lot of new ideas
4.sociable d) like to spend time with other people
5.ambitious e) spend a lot of time doing a good job
VII. (1-4) (a-d) .
1. Households are the family units that make up society.
2. Henry Ford brought labor and capital
3. Education benefits not only
4. The influence of socialist ideas is evident today in the role of the governments.
a) together on an assembly line.
b) the individual but society as a whole.
c) in the role of the governments.
d) that make up society.
VIII. .
Natural Monopolies
Natural monopolies is quiet popular organization form thats widely used in many countries. In most countries natural monopolies are basically the same, they are concentrated within same sectors of economy: railroad, underground, telecommunications, post etc. The main problem in that case is to find a pure natural monopoly, today natural monopolies are partly owned by private companies and persons.
In the USA natural monopolies operate in different areas of economy and that makes them different from Russian or British. At the same the USA were the first to elaborate antitrust code and in 1890 Antirist act was signed into law. This act vested government officials with an authority to investigate, seek and judge cases where the provisions of the act can be violated. The initial goal was to advocate the right of people to consume products at reasonable prices through market competition.
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According to the act every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a misdemeanor. However we can cite examples of the enterprises that immune from antitrust code. Usually government itself regulates these monopolies and set reasonable prices for the services that the company charges.
Sometimes natural monopoly can concentrate the whole industry. Its essential when the product or service is limited to a degree when its impossible to get profit without large monopolistic structure.
I. :
1.Is it possible to find a pure natural monopoly?
2 What is the initial goal of the antitrust act?
3.Who regulates natural monopolies?
3
