1. America's strong demand for
automobiles explains - d. why auto workers have historically been among the
highest paid workers in the world.
2. In contrast to market economies, economies with different forms of
dictatorial control - a. may be called command economies.
3. Big corporations are not allowed to dominate an industry or a market - b.
entirely through government regulation.
4. In some industries, such as radio, television, telephone services and
some others, competition cannot be relied - f. entirely on to produce
results that are good for the society.
5. Resources are the things or services that are used - h. to produce
goods which can satisfy (удовлетворять) people's demands.
6. Economics and economists play an important role at the highest levels of
governments - e. which rely heavily on economic advisers in making the
decisions about the future of the country.
7. Until the middle of the 18th century, industry (in contrast to
agriculture and commerce) - g. was of little importance in the economies of
Europe and America.
8. Under capitalism, economic decision-making is decentralized - c. and
resources are allocated through goods and services markets.