Lesson 12 Economy in the UK and the USA.pptx

Lesson 12 Economy in the UK and the USA.pptx

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,Unit6EconomyLesson12,Lesson12EconomyoftheUKandtheUSA,LearningObjectivesStarterTextsStudyLessonReviewCaseStudySupplementaryReading,Unit6EconomyLesson12,1.LearningObjectives,AgeneralideaabouttheeconomicstructureoftheUKandtheUSA.Learnaboutthestagesofeconomicdevelopmentofthetwocountries.Acquireageneralideaaboutsomeworld-famousenterprisesandimportantfiguresinthetwocountries.Learnaboutthepresenteconomicsituationofthetwocountries.,Unit6EconomyLesson12,2.Starter,Findouttheinformationaboutthefollowinglogos.,a.Wal-Mart,b.Shell,c.LondonStockExchange,clickeachpicturetofindmoreinformation,Unit6EconomyLesson12,2.Starter,a.,Walmart:

anAmericanpubliccorporationthatrunsachainoflarge,discountdepartmentstores.Itistheworldslargestpubliccorporationbyrevenue,accordingtothe2008FortuneGlobal500.FoundedbySamWaltonin1962,itisthelargestprivateemployerintheworldandthefourthlargestutilityorcommercialemployer.Wal-MartisthelargestgroceryretailerintheUnitedStates,withanestimated20%oftheretailgroceryandconsumablesbusiness,aswellasthelargesttoysellerintheU.S,Unit6EconomyLesson12,2.Starter,b.,Shell（壳牌）:

Aglobalgroupofenergyandpetrochemicals（石化）companies,with104,000employeesinmorethan110countries.,Unit6EconomyLesson12,2.Starter,c.,LondonStockExchange（伦敦证券交易所）:

LSEisastockexchangelocatedinLondon,UnitedKingdom.Foundedin1801,itisoneofthelargeststockexchangesintheworld,withmanyoverseaslistingsaswellasBritishcompanies.,Unit6EconomyLesson12,3.TextsStudy,Pre-readingTextAEconomyoftheUKTextBEconomyoftheUS,Unit6EconomyLesson12,3.TextsStudy,Pre-reading:

Tickthecorrectstatementsandchecktheanswersafterreadingthetexts.IndustrialRevolutionfirsttookplaceintheUSA.“Thefactoryoftheworld”referstotheUKin1880s.Tertiaryindustryisalsocalledmanufacturingindustry.TheNorthSeaprovidedtheUnitedStateswithlargequantitiesofoilandgas.Welcomeisthebiggestminingcompanyintheworld.TheUSacquiredthegreatestproductionabilityofallcountriesintheworldaftertheCivilWar.TheAmericaneconomyischaracterizedbyhighmonopoly.ServiceindustryhasbecomethebackboneoftheAmericaneconomyinthesecondhalfofthe20thcentury.TheUKsuppliesahalfofallexportsofgrainintheworld.,Unit6EconomyLesson12,3.TextsStudy,TextAEconomyoftheUKBeforeWWPostwarRecoveryTheCurrentEconomy,Unit6EconomyLesson12,3.TextsStudy,acottontextilefactoryafterIndustrialRevolution,Unit6EconomyLesson12,TextAEconomyoftheUKBeforeWWcolonizationandIndustrialRevolutionbythe1880s,“thefactoryoftheworld”since1900,afterWW,overtakenbytheUS,3.TextsStudy,TextAEconomyoftheUKPostwarRecoverybytheendof1947,itseconomyreturnedtopre-warlevel.（why?

）“BritishDisease”:

?

aterm,Unit6EconomyLesson12,describingBritisheconomyduringwhichperiod?

reflectingwhatcharacteristicsofBritisheconomy?

inthe1980s,asignificantdevelopmentMrs.Thatchertrytocure“BritishDisease”（successful?

）usingmacroeconomicandmicroeconomicpoliciesMedium-TermFinancialStrategy:

privatization（私有化）,deregulation（放松管制）,marketliberation（自由市场）,3.TextsStudy,TextAEconomyoftheUKTheCurrentEconomyprimaryindustriessecondaryindustries:

manufacturingtertiaryindustries:

serviceindustries,Unit6EconomyLesson12,3.TextsStudy,TextAEconomyoftheUKTheCurrentEconomyprimaryindustriesagricultureintensive,highly-mechanized,efficientsixfarmingtypes:

a.arablefarming,b.dairyfarming,c.stockfarming,d.mixedfarming,e.hillfarming,f.marketgardeningenergyproduction（5%ofnationalwealth）coal,oilandgas:

NorthSeaproducerandexporter;offshoreoilindustryenergycompanies:

Shell,BP,theBritishGas,（moreinformation）,Unit6EconomyLesson12,（moreinformation）,3.TextsStudy,TextAEconomyoftheUKTheCurrentEconomysecondaryindustries:

manufacturing（20%ofnationalwealth）pharmaceuticals（Wellcome）,chemicals,aerospace（3rdlargestintheworld）,foodanddrink,electronicsindustry（4thlargestintheworld）（Scotland）（moreinformation）,Unit6EconomyLesson12,3.TextsStudy,TextAEconomyoftheUKTheCurrentEconomytertiaryindustries:

serviceindustries（2/3ofnationalwealth）5thlargesttradingnationintheworldvisibletrade&invisibletradeinvisibletradetradeofservices:

tourism,banking,internationalproviderofservicesfinancialandbusinessservicesLondon&CityofLondon,Unit6EconomyLesson12,3.TextsStudy,TextBEconomyoftheUSABriefHistoryoftheEconomicDevelopmentCharacteristicsoftheAmericanEconomyAgricultureIndustryForeignTrade,Unit6EconomyLesson12,3.TextsStudy,TextBEconomyoftheUSABriefHistoryoftheEconomicDevelopmenttheIndustrialRevolution1770sto1860s,greatchanges:

1）factorysystem;2）technology;3）banksandcorporations;4）railroad