Английский для экономистов и менеджеров. Ульянова О.В - 21 стр.

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6. People use methods of production and distribution which have become
the accepted ways of doing things by a long process of trial and error.
7. Incomes take the form of wages, interest, rent, and profits – the latter three
of which arise from the ownership of various types of property.
8. Private ownership of property leads to great inequalities of wealth,
and this, in turn means that the wealthier groups are able to exercise great
economic power.
9. The running of such an economy will require large numbers of planners
and administrators to draw up and operate the national plan.
39 Work with a partner or in small group. Choose an economic
system to speak about but don’t tell your partner which. Imagine
you live in this economic system. Tell about the way you live and
work. Let your partner guess the system.
40 Read the article and check your comprehension by doing the
Activity 41.
BUSINESS BOOKS
Keeping up with developments in your professional field is getting
more and more difficult. It used to be enough to read a few trade magazines,
attend the occasional conference and subscribe to a professional website.
Nowadays, though, it seems this is not enough.
Many people involved in business today will have heard of long tails,
black swans, freakonomics and one-minute managers. However, if you ha-
ven’t read the right books and don’t know the jargon, a “long tail” is a way of
describing sales patterns, a “black swan” is an unusual but high-impact event,
“freakonomics” is a way of describing unusual economic effects and the
“one-minute manager” is a good time manager.
Books on the subject of business, and the jargon (or specific language)
they produce have now become a business in themselves. Most bookshops
now have several shelves filled with books suggesting all sorts of revolution-
ary theories which will change the way you do business, manage your time or
do your accounting procedures. Many of these books claim they can make
you rich and successful.
There are now books which tell you how to persuade people and close
the deal, how to read and use body language, how to unlock the secrets of in-
ternational markets, how to go global and stay green, or list the 25 principles

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