Вопрос № 1072657 - Английский язык

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The economy of the Soviet Union was a “command” economy. For nearly 60 years, it operated on the basis of central planning-state control over all means of production and over investment, production, and consumption. Economic policy was made according to directives from the communist party, which controlled all aspects of economic activity. Five-year plans and annual plans were the chief mechanisms which the Soviet government used to translate economic policies into programs. According to those policies, the State Planning Committee (Gosplan) formulated countrywide output targets for planning periods. Regional planning bodies then refined these targets for state industrial enterprises and state farms (sovkhoz) and collective farms (kolkhoz), each of which had its own specific output plan. Agriculture was mainly collective, and farm workers were allowed only small private plots. It was believed that if each unit met or exceeded its plan, then demand and supply would balance.
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Economic policy of the Soviet Union was made according to directives from the communist party, which controlled all aspects of …

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Privatization
1. Privatization is the process by which the production of goods or services is removed from the government sector of the economy. This has been done in a variety of ways, ranging from the public sale of shares in a previously state-owned enterprise to the use of private businesses to perform government work under contract.
2. The leader in this innovative strategy was the Thatcher government of Great Britain from 1979 to 1990. Previous governments had tried limited denationalization, which is the restoration of nationalized enterprises to their previous owners, but with limited success. Privatization involved totally new owners. In some cases the state enterprises that were «privatized» had never been in the private sector.
3. Governments all over the world were confronted in the seventies by the problems inherent in state ownership. Because state-owned companies have no profit motive, they lack the incentive that private companies have to produce goods that consumers want and to do so at low cost. An additional problem is that even if they want to satisfy consumer demands, they have no way of knowing what consumers want, because consumers indicate their preferences most clearly by their purchases.
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How does the green economy differ from its prior economic regimes?

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The USA is the world’s largest importer and exporter. Besides agricultural products the most part of the US export occupy machinery, automotive products, aircraft and chemicals. The leading US imports are petroleum products, food and beverages machinery, iron and steel products. Despite its huge domestic production, the economy of America depends heavily on foreign imports. Until recently the US exported more goods than it imported. However the present situation is the declining competitiveness of American goods in the world market first of all due to poor quality, which was indicated by the trade deficit. Foreign manufacturers are now selling about 50% inside the country more than Americans are exporting abroad.
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As a leading producer and exporter of technology the USA contributes to the worldwide economic growth. It exports more machinery and invests more money in technological research than any other country. American businesses and industries operate all over the world. American investment boosts other economies by providing them employment, technology and new products.
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The dollar until the time of emission of the EURO have been the world’s chief international 1_______ used for most international trading. But the present times dollar 2_______ with the EURO its status of the international currency which points to the declining of the US 3_______ power. However, high volatility of the American dollar continues to create instability on the world-wide trade 4_______.

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Travelers’ checks are 1_______ sold in a variety of denominations by banks and travel agencies. Buyers pay the face amount of the check plus a small fee for the 2_______.
The 12 Federal Reserve banks order currency and coins from the Treasury, just as a supermarket orders different breakfast cereals to meet customers’ needs. If your neighbourhood bank doesn’t have enough cash on hand, or is short of certain denominations, such as $10 and $20 bills, it 3_______ what it needs from its account at the Reserve bank, just as someone might 4_______ a check at the neighbourhood bank to get currency.