Economic activity

 The work people do is called economic activity. All economic activities together make up the economic system of a town, a city, a country or the world. Such an economic system is the sum-total of what people do and what they want. The work people undertake either provides what they need or provides the money with which they can buy essential commodities. Of course, most people hope to earn enough money to buy commodities and services which are non-essential but which provide some particular personal satisfaction, like toys for children, visits to the cinema and books.

 

 

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 Nhóm 4 xin chào Cô vaø các bạn Nhoùm 4 xin chaøo Coâ vaø caùc baïn! Chủ đề: So sánh Công ty TNHH và Công ty cổ phần hai thành viên trở lên. Group 1 MEMBER IN GROUP _ MSSV : 010102 Võ Thị Hồng Đào _ MSSV : 010102070 _ MSSV : 010102 _ MSSV : 010102 _MSSV _MSSV: 010102 Vocabulary: - agricultural (adj) : field, farmer, tilling manufactured (n) : machine age, robot… commerce (n) : to reciprocate, wholesale trade maintain (v) : to keep in good repair, to protect essential (adj) : important, necessary chủ yếu duy trì thương mại công nghiệp nông nghiệp undertake (v) : to work, to mimic commodities (n) : object for exchange satisfaction (adj) to feel please. sự hài lòng, thỏa mãn hàng hóa thực hiện Most people work to earn a living, and produce goods and services. Goods are either agricultural (like maize and milk) or manufactured (like cars and paper). Services are such things as education, medicine and commerce. Some people provide goods, some provide services. Other people provide both goods and services. For example, in the same garage a man may buy a car or some service which helps him to maintain his car. I. ORAL QUESTIONS: Why do most people work ? b) What do they produce ? c) What do education, medicine and commerce provide ? d) What two different things can a man buy in a garage ?  Most people work to earn a living.  They produce goods and services.  They provide services.  In a garage two different things can a man buy a car or some service which helps him to maintain his car. e) What is an economic system the sum- total of ? f) What two things can work provide for the worker ? g) What can people buy with money ?  Economic system the sum-total of what people do and what they want.  Work can provide for the worker what they need or provide the money.  With money people can buy commodities and services which are non-essential, provide some particular personal satisfaction, like toys for children, visits to the cinema and books. II. COMPREHENSION: State whether these sentences are true (T) or false (F), and if they are false, state why. a) _____ Most people produce goods and services. b) _____ Services are either agricultural or manufactured. c) _____ Schools and hopitals provide education and medicine. d) _____ Cars and paper are agricultural goods. e) _____ Paper is a non – agricultural commodity. f) _____ An economic system is the work which people do. T F T F T F g) _____ A city has its own economic system. h) _____ Economic activity is the sum - total of what people do and want. i) _____ The work people undertake provides them with money, or with what they need. j) _____ Most people do not want to buy non- essential commodities and services. T F T F III. VOCABULARY: In each of these sentences a word is missing. Fill in the blank with a word from the text. 1) Transport system like railways, buses and planes provide the public with important _________. 2) They told him to look at the _________ and then do the exercises. 3) There are usually a lot of _____________at any railway station or airport that handles a lot of traffic. 4) He decided to _______the work in order to make some money. services board Traffic lights find 5) It was ____________for him to go to the city as soon as possible. 6) They had _________ money to buy most of the things they needed. 7) It was a ______ matter and he did not wish to tell anyone else about it convenient enough big IV. WORD STUDY: In these sentences, certain nouns are underlined. Change them into adjectives which can be used in the blanks. Ex. - education => education + al => educational - commerce => commerce +al => commercial a) These goods belong to the nation. They are therefore _________. b) Minerals are a part of nature. They are therefore _________. c) Schools provide education. They are therefore centres of ____________activity. d) Shops are places of commerce. They are therefore centres of ___________ activity. e) He does not want everyone else to do this work. He wants to do the work in person. It is his _________ concern. national natural educational commercial personal V. GRAMMAR The simple sentence. - A simple sentence is an independent statement and contains a single idea. e.g. 	- Travel Services is a small company. 	- The company has an office in London. 	- A team of five executives at Evans corporation are planning advertising project. - The order of the words in a simple sentence is very important. Look these two simple sentences. They both contain the same words they do not mean the same things. - Finbank lent Jim the money. - Jim lent Finbank the money A simple sentence can have six parts, although this is not always so. Study the order of the words in the columns bellow : Tomorrow he is going to the bank. He can buy the motorbike on credit. He must pay a deposit of $150. You will use the six columns again for this exercise. In each sentence, the words are not in the right order. Arrange them correctly according to the six columns and rewrite the sentence in the provided space. VI. EXERCISE. good/ the/ are/ terms/ very ________________________________________ 2. loan/ choosing/ bank/ Jim / the/ is ________________________________________ 3. over/ Jim/ a period/ pay/ years/ five/ of/ to/ has ________________________________________ 4. year/ of/ number/ Japan/ every/ tourists/ foreign/ to/ increases/ the ________________________________________________ 5. at/ many/ on/ they/ working/ projects/ are/ moment/ the ________________________________________  The teams are very good.  Jim is choosing the bank to loan.  Jim has to pay in a period of over five years.  The number of foreign tourists to Japan increases every year.  They are working on many projects at the moment. 6. packages/ takes/ the/ messenger/ the ________________________________________ 7. next/ going/ Alison/ is/ for/ year/ apply/ to/ course/ the/ business ___________________________________________________ 8. you/ a/ rise/ Mr Blake/ approved/ pay/ for/ yesterday/ meeting/ the/ at _______________________________________________________ 9. we/ in/ finance/ decided/ hotel/ the/ to/ new/ Cairo ________________________________________  The messenger takes the packages.  Alison is going to apply for the business course next year.  Mr Blake approved you pay for a rise at the meeting yesterday.  We decided to finance the new hotel in Cairo. 10. percent/ trade/ study/ of/ 25/ students/ the/ international ___________________________________________ 11. coffee/ country/ basic/ and/ commodities/ our/ like/ export/ rice. ______________________________________________________ 12. lot/ country/ the/ a/ of/ tourist/ money/ from/ trade/ earns. ___________________________________________ 13. Japan’s/ with/ increased/ past/ Europe/ has/ trade/ greatly/ years/ in/ the/ twenty. __________________________________________________________________  25 percent of student study the international trade.  Our country export basic commodities like rice and coffee.  A lot of country earns money from the tourist trade.  Japan’s trade has increased greatly with in twenty years past the Europe. 14. has/ to/ income/ he/ tax/ pay/ the/ to/ government. __________________________________________ 15. will/ the/ until/ goods/ deliver/ they/ next/ not/ Monday __________________________________________ 16. year/ factory/ produced/ a/ shoes/ that/ quantity/ of/ last/ large ________________________________________________ 17. increased/ first/ production/ by/ half/ in/ industrial/ the/ 7%/ year _______________________________________________  He has to pay income tax to the government.  They won’t deliver goods until the next Monday.  Last year, factory produced a large quantity of shoes.  Industrial production increased 7% in the first half year. 18. company/ is/ Middle East/ our/ its/ expanding/ business/ in/ the ___________________________________________________ 19. import/ didn’t/ any/ goods/ last/from/ they/ Egypt/ year _________________________________________ 20. be/ television/ very/ can/ watching/ educational _________________________________________  Our company is expanding its business in the Niddle East.  They didn’t import any goods from Egypt last year.  Watching television can be very educational. 

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