Lesson 54

Question 1

Manufacturing industry

Answer 1

Making things

Question 2

Service industry

Answer 2

Serving people, e.g. tourusm, banking

Question 3

High- technology industry

Answer 3

Involving computers industry. Opp. Low-technology industry

Question 4

Cutting-edge technology

Answer 4

Involving new and innovative technology

Question 5

Conventional technology

Answer 5

Using standard proven technology

Question 6

Nationalization / state ownership

Answer 6

When industry is owned by the government. Opp. Privatization

Question 7

Public-private partnership

Answer 7

Partly state-owned, partly owned by private industries or businesses

Question 8

Subsidy

Answer 8

Money/grants which enable it to stay in profit

Question 9

Inward investment

Answer 9

Investment from foreign companies

Question 10

piecework

Answer 10

Work for which the amount of pay depends on the number of things finished rather than the time spent making them

Question 11

Child labor

Answer 11

The employment of children to do adult jobs

Question 12

Trade union representation

Answer 12

A union that negotiates wages and conditions for the people it represents

Question 13

Sweatshops

Answer 13

Factories where people work very long hours for low wages

Question 14

Retraining and reskilling

Answer 14

Training people for new jobs and teaching them new skills

Question 15

Multinationals

Answer 15

Big companies with operations in many different countries

Question 16

Cost-cutting exercise

Answer 16

Effort to reduce their costs

Question 17

Relocate

Answer 17

Move the company’s offices to different place

Question 18

Switch production

Answer 18

Move the center of manufacturing to a different place

Question 19

Components

Answer 19

Parts

Question 20

Assemble

Answer 20

Put together

Question 21

Heavy industry

Answer 21

Industry that uses large machines to produce either materials such as steel or large goods such as ships and trains . Opp. Light industry