Learn to recognize the following international words

Practice the reading of the following words.

Pre-reading tasks

Business organizations

UNIT 4

Points for the discussion.

1. Summarize all possible and known reasons of inflation.

2. Describe the situation when inflation could be transformed into hyperinflation.

3. Summarize your knowledge about what the government should do to minimize the inflation.

4. What is deflation and how can it be prevented?

Company [ˈkʌmpənɪ]

machinery [məˈʃiːnərɪ]

revenue [ˈrɛvɪˌnjuː]

expertise [ˌɛkspɜːˈtiːz]

bankruptcy [ˈbæŋkrʌptsɪ]

legal [ˈliːgəl]

furniture [ˈfɜːnɪtʃə]

purpose [ˈpɜːpəs]

liability [ˌlaɪəˈbɪlɪtɪ]

financial [fɪˈnænʃəl]

although [ɔːlˈðəʊ]

Individual, bankruptcy, personal, creditor, reason, accountant, financial, machinery, initial, original, outsider, equilibrium, to invest, balance, to report, signal, to declare.

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