Competition economic competition is another essential feature of a free enterprise economy. competition, as economists see it, is essentially price competition. the model of the market economy envisages a situation where, in the market for each commodity, there are large number of buyers and sellers. in theory at least, competition is the regulatory mechanism of capitalism. on the one hand, it protects the customers - they have the right of choice and they benefit from the fact that competition keeps prices close to costs; on the other hand, it makes producers and suppliers of scarce resources utilize them economically, using most sophisticated technologies.
1 pupil: What holiday do children in your country like best of all?
2 pupil: New Year, I think.
1 pupil: Do you have any New Year traditions?
2 pupil: Yes, we do. One of them is decorating the New Year tree.
1 pupil: Did you parents buy a New Year tree last year?
2 pupil: Yes, they did. And we were decorating is together all evening. And did you have a New Year party at school last year?
1 pupil: We had a Christmas party. It was a wonderful party. We were dancing all evening.
Диалог 2
1 pupil: What holiday is your number one spring holiday?
2 pupil: I like Easter best
1 pupil: Do you have any Easter traditions?
2 pupil: Yes, we do. One of them is colouring eggs.
1 pupil: Did you help your mum to colour eggs last year?
2 pupil: Yes , I did. we were doing it together all evening. And did your parents hide chocolate eggs in the yard last Easter?
1 pupil: Yes, they did. my sister and I were looking for them all morning.