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Reading Text

1 Complete the text while listening to the teacher.


The Sufficiency ...... (1) is an approach to ..... (2) and conduct which is
applicable at every .... (3) from the individual through the ....... () and .......
(!) to the management and development of the ...... (") . #t promotes a middle
path$ especially in ....... (%) the economy to &eep up with the world in the era
of ....... ('). Sufficiency has three ...... (()) moderation* wisdom or insight*
and the need for built+in resilience against the ris&s which arise from internal or e,ternal ......
(1-). #n addition$ the ..... (11) of theories in planning and implementation re.uires great care
and good /udgment at every stage.0
2 Answer the questions!
1What is the text about?
2What requires great care and good /udgment at every stage1
3What does the word it in line 3 refer to?
4Translate the text with your partner.
5 Choose the right words!
1 2ad cow disease has had a serious (economic3economics) effect on beef producers.
2 #f we want a holiday we4ll have to (economical3economi5e)$ we are spending too much.
3 The most (economical3economic) way of heating your house is by using solar energy.
4 (economics3economically) the country has been improving steadily these past ten years.
5 Tourism contributes millions of euros to the country4s (economy3economically) .
6 #t is usually more (economics 3 economical) to shop in a supermar&et than in a small
shop.
7 2y daughter is in her third year of (economy3economics) at university.
8 The minister maintained that the coal mines were (uneconomic3economi5e) and would
have
to be closed.
9 6aturally the big boss has many professional (economists3economy) to advise him.
10 7n (economi5er3economics) is a mechanical device intended to reduce energy
consumption.
6 Fill in the blanks with the words in the right box.regulate
financial
bailed out
loans
speculations
inflation
meltdown
7
1 Banks have been ........ by the government to avoid collapse.
2 Banks usually provide mortgage ....... under certain requirements.
3 Due to the ........, prices of goods and services went up.
4 Some governments try to ........ the market to avoid any manipulation or fraud.
5 Some economists think that ........ can be detrimental to economies.
6 Most European countries eperienced an economic ........ due to an increase in public debts.
7 !he "S government has decided to fund a ......... bailout of the banking industry.
Reading Text
The Sufficiency ...... (1)economy is an approach to ..... (2)life and conduct which is
applicable at every .... (3) level from the individual through the ....... () family
and ....... (!) community to the management and development of the ...... (") nation.
#t promotes a middle path$ especially in ....... (%) developing the economy to &eep up
with the world in the era of ....... (') globali5ation. Sufficiency has three ...... (()
components) moderation* wisdom or insight* and the need for built+in resilience against
the ris&s which arise from internal or e,ternal ...... (1-) change. #n addition$ the .....
(11) application of theories in planning and implementation re.uires great care and
good /udgment at every stage.0
1Mad cow disease has had a serious economic effect on beef producers.
2. If we want a holiday well ha!e to economical economi"e# we are spending
too much.
$. The most economical way of heating your house is by using solar energy.
%. economics economically the country has been impro!ing steadily these past
ten years.
&. Tourism contributes millions of euros to the countrys economy .
'. It is usually more economics economical to shop in a supermarket than in a
small shop.
(. My daughter is in her third year of economy economics at uni!ersity.
). The minister maintained that the coal mines were uneconomic and would
ha!e to be closed.
*. +aturally the big boss has many professional economists to ad!ise him.
,-. .n economi"er is a mechanical de!ice intended to reduce energy
consumption.
21. economic
32. economi5e
43. economical
5. economically
6!. economy
7". economical
8%. economics
9'. uneconomic
10 (. economists
11 1-. economi5er
/0ecukupan 1konomi adalah sebuah pendekatan untuk hidup dan perilaku yang
berlaku di setiap tingkat dari indi!idu melalui keluarga dan masyarakat untuk
pengelolaan dan pembangunan bangsa. Ini mempromosikan 2alan tengah# terutama
dalam pengembangan ekonomi untuk bersaing dengan dunia di era globalisasi.
0ecukupan memiliki tiga komponen3 moderasi# kebi2aksanaan atau wawasan# dan
kebutuhan untuk ketahanan built4in5siap pakai terhadap risiko yang timbul dari
perubahan internal atau eksternal. 6elain itu# penerapan teori dalam perencanaan dan
pelaksanaan membutuhkan perawatan yang besar dan penilaian yang baik pada setiap
tahap. /
1Banks have been bailed out

by the government to avoid collapse.
2Banks usually provide mortgage loans

under certain requirements.
3Due to the inflation

, prices of goods and services went up.
4Some governments try to regulate

the market to avoid any manipulation or fraud.
5Banks which owned toxic

assets went banckrupt.
6Some economists think that speculations

can be detrimental to economies.
7Despite the credit crunch

, we managed to get a mortgage loan.
8Most European countries eperienced an economic meltdown

due to an increase in public debts.
9!he "S government has decided to fund a financial

bailout of the banking industry.
10 Because of our low credit rating, we qualified for only a subprime

mortgage.
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