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The traditional economy

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Виконав(ла):

 

студент(ка) ___ курсу, групи___________ _______________________

(Прізвище, ініціали).

 

Перевірив: ____________ _____________________

(посада) (Прізвище, ініціали)

 

 

Реєстраційний № ______

Дата ______________

Підпис _______________

 

 

Запоріжжя, 201__

ЗАВДАННЯ ДЛЯ САМОСТІЙНОГО ВИВЧЕННЯ ПРОГРАМНОГО МАТЕРІАЛУ

І СЕМЕСТР

І. Прочитати та зробити письмовий переклад текстів, а також виконати письмово вказані вправи за наданою нижче тематикою (підручник Macmillan “Guide to Economics”)

Unit 1

Before you read

Discuss these questions with your partner

 

Imagine a world without money

- How do you think society would be run?

- Would there be an economy as we understand it?

- Can you think of any examples of situations where people don’t use money, either from the past or now?

- Do you know what a traditional economy is?

 

A. Vocabulary

Choose the correct answer A, B or C from the list below.

1. Although we can buy meat in the shops, some people still like to ……. animals as a hobby.

2. ……… is another world for extra things, that are not needed.

3. There are still …….. of people living traditional lives in the rainforests of South America.

4. In most modern societies ……. like celebrations and dances have disappeared.

5. Corn and wheat are two ……… that farmers grow in their fields.

6. One of the ………. of playing sports is that you keep fit.

7. One of the ………. of living in a city is the noise.

8. Many African countries suffer from regular …….. when no rain falls for months.

9. Heavy rain causes ……… in many parts of Europe each year.

10. East Asian countries are well known for their ……… industries such as computers в.

11. Exercises and sports at school are sometimes called ……… education.


1. A chase B hunt C eat

2. A surplus B goods C shortage

3. A customs B tribes C pygmies

4. A parties B pattern C customs

5. A crops B animals C foods

6. A goods B disadvantages C benefits

7. A drawbacks B benefits C customs

8. A floods B droughts C hurricanes

9. A floods B droughts C hurricanes

10. A agricultural B heavy C technology

11. A physical B mental C fun

 

The traditional economy

It's hard to imagine our lives without coins, banknotes and credit cards. Yet for most of human history people lived without money. For thousands of years human societies had very simple economies. There were no shops, markets or traders. There were no employers, paid workers and salaries. Today, we call this kind of economy the traditional economy, and in some parts of Asia, South America this system still exists.

People who live in a traditional economy don’t have money because they don’t need it. They live lives of subsistence. That means they hunt, gather or grow only enough food to live. There is almost no surplus in the traditional economy, and there is almost no property. Families may own simple accommodation, but land is shared by all the tribe. Economic decisions are taken according to the customs of the tribe. For example, every family may need to give some of the crops they grow to the tribal leader, but keep the rest for themselves. They don’t do this because it makes economic sense. They do it because the tribe has always done it. It's simply a custom.

Custom, also, decides what jobs people do in the traditional economy. People generally do the jobs that their parents and grandparents did before them. Anyway, there aren’t many jobs to choose from in the traditional economy. Men are hunters, farmers or both. The woman's place is at home looking after children, cooking and home-making. This division of labor between men and women is another characteristic of the traditional economy. Whatever the work is, and whoever does it, you can be sure it's hard work. This is because traditional economies have almost no technology. Physical strength and knowledge of the environment are the tools to survival.

Like any other economical system, the traditional economy has its benefits and drawbacks. Probably the biggest benefit is that these are peaceful societies. People consume almost everything they produce and own practically nothing. They are equally poor. For all this reasons, war is almost unknown in these societies.

However, people who live in traditional societies are among the poorest people in the world. Because custom decides what people do, nothing in these societies ever changes. Because there is no technology, people depend on nature to survive. They have no protection from environmental disasters like droughts and floods. They are always in danger of hunger and disease.

But the traditional economy is in danger itself. There are only a few examples left on the planet. In 100 years from now, it may have disappeared forever.




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