Task 2. Now read the text again and answer the questions. 1. What do most economists believe about economies in the world today?

1. What do most economists believe about economies in the world today?

A. There are a number of free markets.

B. Some countries have a completely planned economy.

C. A mixed economy exists in some way in all countries.

2. Why do governments choose to run some industries?

A. So they can collect taxes.

B. Because they need to be protected from the risks of the free market.

C. To encourage a divided economy.

3. Why do governments deregulate some industries?

A. To make the industries more efficient.

B. To protect them.

C. Because there is too much competition.

4. According to the text what is not very popular with the public?

A. Deregulation of public transport.

B. Deregulation of hospitals and schools.

C. Deregulation of telecommunications and banking.

5. What type of state control is not mentioned in paragraph 5?

A. Controlling the way companies do business.

B. Controlling what companies sell.

C. Controlling the prices companies set.

Task 3. Complete each sentence with a word or phrase from the box.

Agriculture, ban, efficiently, free, enterprise, manufacturers, monopoly, private sector, profit motivation, public transport, state sector, telecommunications, trade

1.……………is when businesses are able to trade without control from the government.

2. …………… industries belong to and are run by the government.

3. ……………. industries belong to and are run by independent businesses.

4. Buses, trains and planes are examples of ………………………

5. ……………. is another word for farming.

6. …………….. produce new goods from raw materials.

7. When a business works ………., it runs successfully without wasting resources.

8. Telephone and Internet systems are part of the ……………. industry.

9. ……………. is what drives businesses in the market economy.

10. When the government puts a ………….. on a commodity people are not allowed to buy or own it.

11. If only one company controls part of the economy they have a ……………………

12. When companies …………… they do business with each other.

Writing

Write an essay comparing the planned economy with the mixed economy. Discuss the advantages and disadvantages of each economy. Decide which is best in your opinion.

Use these words and phrases to organize your ideas: despite this, nevertheless, consequently, in contrast, similarly

Read texts again and use these notes to help you. Write four paragraphs.

Discursive essay

Paragraph 1.

What is a planned economy?

What is a mixed economy?

Introduce the subject by saying generally there are these two kinds of economies that have advantages and disadvantages.

Paragraph 2.

Describe a planned economy, explaining its advantages and disadvantages.

Paragraph 3.

Describe a mixed economy, explaining its advantages and disadvantages.

Paragraph 4.