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III. ) 2, 4

) , . .
)
1) Small and medium businesses employ the majority of the population and enable them to earn a wage.
Employ- Present Simple Activ Voice
Enable- Present Simple Activ Voice

to earn - Infinitive
.
2) Companies in the 1980s merged with companies that produced the same or related goods or services.
Merged- Past Simple Activ Voice
Produced- Past Simple Activ Voice
1980- , .
3) Many partnerships have started as sole proprietorships.
Have started- Present Perfect Active Voice
.
IV. . .
1) People must choose how best to use their available resources to satisfy the greatest number of wants and needs.
, .
2) Materials can be bought on credit to help finance current expenditure.
, .
3) Business people may borrow money in order to expand their business.
.

V. Participle I Participle II , - . .
1) When drawing up a contract for the sale of goods, it is necessary to give a detailed description of the goods.
Drawing - Participle I
, .
2) Signing the letter the manager asked the secretary to send it off at once.
Signing Participle I
, .
3) Games and competitions are becoming commonplace in promoting sales of a product or service.
Becoming - Participle I
Promoting Participle I
.
VI.
Economic Aspects of Small and Medium Businesses

1. Small and medium businesses employ the majority of the population enabling them to earn a wage. It is the most flexible part of the labour market. It absorbs the main part of non-qualified labour resources who possess a low level of working experience but who are willing to work flexible hours. Very often it is the only place where women and young people having a low level of education and no work experience can find employment.
1. , . . , , . , , .
2. Small and medium business may be the most important factor for national prosperity, as they are a major source of income not only for the business community, but also for the members of their families. Moreover, small and medium businesses are a potentially effective means for enhancing the capacities of the population in industry and enterprise, and increasing their adaptability to market relations. Such businesses give individuals employment and income; opportunity to better control their own future; opportunity to unite a job and a private life to a far greater extent; opportunity of self-realization; to develop their abilities and talents.
2. , , , , . , , . ; ; ; ; .

3. In general, small and medium enterprises increase the effectiveness and vitality of the whole economy, create a platform for the social formation of a middle class, improve the regional structure of the economy, require fewer resources for starting-up and their failures do not cause catastrophic economic outcomes.

3. , , , , .
VII. , (1, 2, 3):
1) Small business is business which usually employs than 50 people and has a quite small financial turnover.
(no information)
2) Small and medium enterprises dont contribute to the social formation of a middle class.
(false)
3) Women and young people having a low level of education and no work experience are often employed in small and medium businesses.
(true)
VIII. 3 :
Do small and medium enterprises failures lead to catastrophic economic outcomes?
:
No, they dont. Small and medium enterprises do not cause catastrophic economic outcomes.

 



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