VOCABULARY EXERCISES. I. Give the corresponding nouns to the following verbs

I. Give the corresponding nouns to the following verbs:

to produce, to distribute, to grow, to populate, to enjoy, to satisfy, to vary, to immigrate, to require, to educate, to construct, to distinguish, to manufacture, to determine, to create, to equip, to combine.

II. Match the synonyms:

to produce, to distribute, scarce, to influence, to manufacture, to impact, revenue, production, to deal out, to provide, deficient, manufacturing, to satisfy, wages, to supply, salary, to meet, income.

III. Find equivalents:

IV. Match the antonyms:

natural, fertile fields, unlimited resources, indefinitely, limited resources, inside, artificial, production, immigration, inability, to destroy, unemployment, definitely, ability, to create, employment, to satisfy, emmigration, consumption, income, deserts, outside, scarcity, to dissatisfy, abundance, expenses.

V. Fill in the blanks with prepositions or adverbs if necessary:

1. Natural resources are not created... human efforts. 2. They are the things provided... nature that go... the creation... goods and services.
3. Land is not only land itself, but also what lies... the land, what grows naturally... top... the land, what is... the land... the seas and oceans and... the seas and oceans. 4. Economists tend to think... land as being fixed or... limited supply. 5. Unlike... land, labour is a resource that may vary... size... time. 6. Labour is the human input... the production process.

VI. Complete the following sentences:

1. The reason people cannot satisfy all their wants and needs is.... 2. Factors of production are called.... 3. They provide.... 4. As an economic term land means.... 5. Land is not only land itself.... 6. It includes.... 7. The second factor of production is.... 8. Unlike land, labour is.... 9. Historically, factors such as.... 10. Labour may be.... 11. The price paid for the use of labour is called.... 12. Wages represent.... 13. Land and labour are often called....

VII. Answer the following questions:

1. What is the reason people cannot satisfy all their wants and needs?
2. What is called factors of production? 3. What do they provide? 4. What does land mean as an economic term? 5. What do natural resources include? 6. What do economists think of land? 7. What is the second factor of production? 8. What is labour in economics? 9. What is the difference between the terms land and labour? 10. What has had a dramatic impact on both the quantity and quality of labour? 11. What is called wages? 12. Land and labour are often called primary factors of production, aren’t they?

VIII. Translate into English:

1. Є чотири фактори виробництва: земля, праця, капiтал і підпри­ємництво. 2. Як економiчний термiн земля означає дари природи або природнi ресурси, не створенi людськими зусиллями. 3. Вона включає родючi поля, лiси, пустелi, кориснi копалини, сонячне свiтло, опади та клiмат, необхiдний для вирощування культур. 4. Праця — це люди зі своїми здiбностями та зусиллями, необхiдними для виробництва то­варiв та послуг. 5. Iсторично такi фактори, як зростання кількості насе­лення, iмiграцiя, голод, вiйни та хвороби мали вирiшальний вплив як на кiлькiсть, так i на якicть працi. 6. Землю і працю часто називають пер­винними факторами виробництва.