Key Vocabulary. Study the following vocabulary and do the task that follows. 1

Study the following vocabulary and do the task that follows.

1. create v	создавать
2. inputs n	затраты на производство
3. distinguishable from	отличимый от
4. natural resources	природные ресурсы
5. deposit n	залежь, месторождение
6. oil n	нефть
7. activity n	деятельность
8. demands n	потребности
9. undertake action	предпринимать действие
10. assist v	помогать
11. entrepreneurship n	предпринимательство
12. take place	иметь место, случиться
13. risk-bearing n	принятие риска
14. carry out v	выполнять
15. sole-proprietor n	частный предприниматель
16. share v	делить

Pre-reading Activities

1. Use key vocabulary to complete the sentences.

1. Macroeconomics studies the total output of a nation and the way the nation allocates its limited … of land, labor and capital.

a) resources b) oil c) activity

2. A customer's … are usually safety, quality, and value.

a) deposits b) resources c) demands

3. If you … ownership of your business with someone else, your business will not be a sole proprietorship.

a) assist b) share c) create

4. Inform me where the conference will ….

a) undertake action b) carry out c) take place

5. Management skills can be a separate factor of production called ….

a) inputs b) entrepreneurship c) risk-bearing

6. My secretary … in making the decision.

a) assisted b) shared c) carried out