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