Ex 2. Fill in the gaps with the words and expressions from the text. 1. The type of system chosen is in , in which businesses operate

1. The type of system chosen is …… in ……, in which businesses operate.

2. An economic system is the way in which a country uses its …… to satisfy the demands of …… for goods and services.

3. It is …… that there should be enough goods and services for all.

4. Industries are asked…… these plans and each industry and factory is set ……

5. The state can use its control of the economy …… to wherever it wants.

6. It is ……that have led to many nations …… planned economies over recent years.

7. There is no…… for individuals to work hard in planned economies.

8. Command economies tend to …… when …… to changes in people's tastes and fashions.

9. Some ……and unattractive products may be……

10. The system is based on …… with ……of ……

11. In a market economy it is ……who decide what is to be produced.

12. The economy …… automatically to meet changing demands.

13. …… of the market system is that production …… to meet changing demands.

Ex 3. Find in the text the English equivalents for the following: