4 Chapter Four Economy and Major Cities

Chapter Four Economy and Major Cities

Exercises

I. Fill in the blanks

1.Britain was the first country to introduce a new economic system known as the     .

2.The British economy can be divided into two types: the     sector and the sector.

3.Today Britain’s service sector contributes about     of the GDP and employs more than _   of the labor force,about 17 million workers.

4.Financial institutions and insurance together contribute about    of Britain's GDP and it employs only      of the labor force.

5.The public sector refers to     and the role played by the government in economic life.

6.What we call the private sector of the British economy is composed of business owned and managed by people as     .

7.A private business is a firm started by     or     .

8.Small amounts of     ,     ,     ,and     are still mined in Britain.

9.With more than 60 offshore fields, Britain is now the wold’s    largest producer of crude oil and natural gas liquids.

10.Britain imports coal from cheaper overseas producers,such as     ,     ,and     .

11.Among British car manufacturers,the most famous is     ,which produces very expensive cars manufactures for rich people and high officials.

12.Now Britain has   become   an overall exporter of     as well as a major oil and gas     .

13.The selling sector in Britain has been developing from independent retailing to large     .

14._____ was one of the earliest cities where Chinese inhabited in Britain, possessing the first Chinatown in Britain.

15.In the early 20^th century, Cardiff was the largest     port in the world, now it is developing the light industries, serving as a major centre of         industry.

16.Belfast, the capital of     , is a major port, a hub of railway transportation as well as the centre of business, administration and culture in     .

II.Translate the following terms into Chinese

GDP

Pandora's box

invisible hand

Keynesianism

laissez-faire

workshop of the world

dependency culture

the private sector

company of Limited Liability

British Disease

III.Translate the following terms into English

财政部

滞胀

英国航空公司

皇家邮政

从生到死的福利制度

欧盟农业共同政策

铁娘子

伦敦西区

伦敦东区

货币主义

议会大厦

唐宁街

白金汉宫

Ⅳ.Define the following terms.

1.the capitalist system

2.privatization

3.foggy town

4.Athens of the North

5.the West End

Ⅴ.Multiple choice.

1.By the year of 2007, Britain has become the     biggest international investor in the world.

A. first    B. fourth    C. third    D. second

2.Agriculture, fishing, and mining belong to the     industries.

A. primary    B. secondary    C. tertiary    D. state

3.The agricultural sector in Britain occupies a small part in the national wealth, mostly located in the     of England.

A. northeast    B. southwest    C. southeast    D. south

4.The fishing industry provides 55% of the UK demand for fish, mainly distributed in the     ports.

A. English    B. Welsh    C. Irish    D. Scottish

5.Oil and gas were discovered under     in the 1970s.

A. the North Sea    B. the Irish Sea

C. the North Atlantic Ocean    D. the English Channel

6.The privatized British Steel turns into the world’s     largest steel company.

A. first    B. second    C. third    D. fourth

7.Nowadays service industries take the place of the traditional industries and make a reputation for the     , financial and insurance industries.

A. manufacturing    B. banking    C. farming    D. transporting

8.The largest university in Britain is     .

A. London University    B. Oxford University

C. Cambridge University    D. Manchester University

9.London crosses the     River and keeps 88 kilometres away from the entrance of the North Sea.

A. Severn    B. Cam    C. Thames    D. Mersey

10.     has the second largest Chinatown in Britain.

A. London    B. Manchester    C. Liverpool    D. Birmingham

Ⅵ.Answer the following questions in a few sentences

1.Why did Britain fall in a decline in economy during the post-war period?

2.What is the“invisible hand”theory?

3.What role does the government play in British economy?

4.What did the British Disease refer to?

5.What’s the policy of Mrs. Margaret Thatcher in the restoration of British economy?