VOCABULARY

A. Do you know what these abbreviations stand for? Search a dictionary or the Internet if necessary:The US, the Fed, GDP, the EU, BRIC

B. Match the words from the text with their definitions, use vertical prompts if necessary.

entrepreneur	things that are produced in order to be sold	страхование товары объем производства ВНП находящийся в частом владении услуги предприниматель потребитель конгломерат
privately owned (business)	a particular type of help or work that is provided by a business to a customer, but not only one that involves producing goods
consumer	the amount of goods or work produced by a person, machine, factory etc
goods	the total value of all the goods and services produced in a country, including income from abroad
services	belonging to a private organization
output	an arrangement with a company in which you pay them money each year and they pay the costs if anything bad happens to you
insurance	a large business organization consisting of several different companies that joined together
conglomerate	someone who buys and uses products or services
gross national product	someone who starts a company, arranges business deals and takes risks in order to make a profit