Thursday, 19 November 2009

The Economy. General concepts




2- Read a graph

a) Who produces more manufactured goods, MEDCs or LEDCs?

b) And raw materials?

c) What happens to the value of manufactured goods? (increase/decrease price)

d) And with raw materials?

e) Which are the consequences for LEDCs:

- They sell more raw materials and increase their profit

- They buy manufactured goods at high prices and sell raw materials at low prices and then increase their debt.

SUPPLY AND DEMAND CURVE (A little more dificult)

3- Listen a song

I am the one in ten, UB 40

One In Ten lyrics by Ub40

I am the one in ten
A number on a list
I am the one in ten
Even though I don`t exist
Nobody Knows me
Even though I`m always there
A statistic, a reminder
Of a world that doesn`t care

My arms enfold the dole queue
Malnutrition dulls my hair
My eyes are black and lifeless
With an underprivileged stare
I`m the beggar on the corner
Will no-one spare a dime?
I`m the child that never learns to read
`Cause no-one spared the time


I`m the murderer and the victim
The licence with the gun
I`m a sad and bruised old lady
In an ally in a slum
I`m a middle aged businessman
With chronic heart disease
I`m another teenaged suicide
In a street that has no trees


I`m a starving third world mother
A refugee without a home
I`m a house wife hooked on Valium
I`m a Pensioner alone
I`m a cancer ridden spectre
Covering the earth
I`m another hungry baby
I`m an accident of birth.


What are they talking about?

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