Talking Points. 1. Think about features, advantages and disadvantages of different types of economic systems

1. Think about features, advantages and disadvantages of different types of economic systems. Discuss these issues in pairs or small groups first, and then make a report.

	Traditional economies	Market economies	Planned economies	Mixed economies
Features
Advantages
Disadvantages

2. List countries which have these economic systems.

Summary Points

1. Look through the text about different types of economic systems once more and identify its main idea.

2. Draw up an outline of the text.

3. Can this text be divided into some parts? How many and what are they? Give a one-sentence summary of each point of your plan.

Use the following vocabulary:

This text can be divided into … parts.	Текст можно разделить на … частей.
The text consists of … parts.	Текст состоит из … частей.
The first (second, third, etc.) part deals with …	В первой (второй и т.д.) части говорится о…
In the first (second, third, etc.) part the author describes (discusses, studies, offers, states, analyzes) …	В первой (второй, третьей) части автор описывает (обсуждает, изучает, предлагает, утверждает, анализирует) …
Finally, the author shows …	В заключение, автор показывает …

UNIT 4

SCARCITY AND CHOICE