Экономические системы. - 16 стр.

     The aim of mixed economies is to avoid the disadvantages of both systems
while enjoying the benefits that they both offer. So, in a mixed economy the
government and the private sector interact in solving economic problems. The
state controls the share of the output through taxation and transfer payments
and intervenes to supply essential items such as health, education and defence,
while private firms produce cars, furniture, electrical items and similar, less
essential products.
     The UK is a mixed economy: some services are provided by the state,
while a range of privately owned businesses offer other goods and services.
The     Conservative government under Margaret Thatcher switched many
businesses from being state - owned and controlled to being privately owned as
part of its privatization programme. This has taken the UK economy further
away from the planned system.

                                Vocabulary Notes

significant faults - значительные недостатки
at one extreme .... at the other extreme - на одном полюсе ...., на другом
to exercise considerable economic freedom of choice - иметь значительную
экономическую свободу
restriction - ограничение
whilst [wailst] (syn. while) - в то время как, пока
state - controlled industry - промышленность, контролируемая
государством
to avoid the disadvantages - избегать недостатков
to enjoy the benefits - иметь преимущество
to interact - взаимодействовать
to solve economic problems - решать экономические проблемы
а share of the output - доля в объеме производства
essential items - товары и услуги первой необходимости
а range of businesses - ряд компаний