Question

Вставьте пропущенные слова. Two kinds of economies are the traditional economy and the market __________. The traditional economy exists ____________ societies where there is no trade. In this economy people do not ____________ money because they do not need it. ___________ market economy exists in societies where people buy and ___________ goods. In the market economy, people need _____________, so that they can buy products. In the traditional economy, people rely on nature. ___________ hunt and grow only the food they need. On the one hand, this ___________ an advantage. These people have no reason _________ fight because they do not own anything. This means they ___________ peaceful. On the other hand, this is a disadvantage. These ___________ are poor. Furthermore, they cannot protect themselves against natural disasters because they have _____________ technology. This means they often die of hunger and disease. In the market economy, ____________ and demand control what sells. This is an __________ because producers have to provide customers with the guality and prices they want. However, ___________ need an incentive and this is profit. Firstly, producers compete with each other to sell their product and make a ___________. Secondly, producers use technology in order to spend less on labour. This can be a disadvantage because if people do ____________ work they do not have money to spend on goods. Conseguently. the producer cannot ___________ a profit. In my opinion, the best system is the merket economy. Unfortunately, as the incentive is profit, governments set_____________ in order to control the economy. This means a true ___________ economy cannot exist.

Answer 1

1. economy
2. in
3. have
4. the
5. sell
6. money
7. they
8. is
9. to
10. are
11. people
12. poor/no
13. supply
14. advantage
15. they
16. capital
17. not
18. have
19. taxes
20. market

Answer 2

Two kinds of economies are the traditional economy and the market economy. The traditional economy exists in societies where there is no trade. In this economy, people do not use money because they do not need it. The market economy exists in societies where people buy and sell goods. In the market economy, people need money so that they can buy products. In the traditional economy, people rely on nature. They hunt and grow only the food they need. On the one hand, this is an advantage. These people have no reason to fight because they do not own anything. This means they are peaceful. On the other hand, this is a disadvantage. These people are poor. Furthermore, they cannot protect themselves against natural disasters because they have limited technology. This means they often die of hunger and disease.

In the market economy, supply and demand control what sells. This is an advantage because producers have to provide customers with the quality and prices they want. However, producers need an incentive and this is profit. Firstly, producers compete with each other to sell their products and make a profit. Secondly, producers use technology in order to spend less on labor. This can be a disadvantage because if people do not have work, they do not have money to spend on goods. Consequently, the producer cannot make a profit.

In my opinion, the best system is the market economy. Unfortunately, as the incentive is profit, governments set regulations in order to control the economy. This means a true free-market economy cannot exist.