Lesson 12 Economy in the UK and the USA.pptVIP

Lesson 12 Economy of the UK and the USA 1. Learning Objectives A general idea about the economic structure of the UK and the USA. Learn about the stages of economic development of the two countries. Acquire a general idea about some world-famous enterprises and important figures in the two countries. Learn about the present economic situation of the two countries. 2. Starter Find out the information about the following logos. a. Wal-Mart b. Shell c. London Stock Exchange 2. Starter a. Walmart: an American public corporation that runs a chain of large, discount department stores. It is the worlds largest public corporation by revenue, according to the 2008 Fortune Global 500. Founded by Sam Walton in 1962, it is the largest private employer in the world and the fourth largest utility or commercial employer. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business, as well as the largest toy seller in the U.S 2. Starter b. Shell(壳牌) : A global group of energy and petrochemicals(石化) companies, with 104,000 employees in more than 110 countries. 2. Starter c. London Stock Exchange (伦敦证券交易所): LSE is a stock exchange located in London, United Kingdom. Founded in 1801, it is one of the largest stock exchanges in the world, with many overseas listings as well as British companies. 3. Texts Study Pre-reading Text A Economy of the UK Text B Economy of the US 3. Texts Study Pre-reading: Tick the correct statements and check the answers after reading the texts. 1. Industrial Revolution first took place in the USA. 2. “The factory of the world” refers to the UK in 1880s. 3. Tertiary industry is also called manufacturing industry. 4. The North Sea provided the Unit