1、3Unit 7 Economy:Power behind everyday lifeFOREIGN LANGUAGE TEACHING AND RESEARCH PRESS HEBEI UNIVERSITY1use the key language to talk about economic crisis2apply the reading skill recognizing definitions in a text3develop a cause-and-effect essay4translate attributive clause5develop critical thinking
2、 on economic crisis Objectives Section A Surviving an economic crisisProject of the unitInspiring your thoughtsEnhancing your skillsPresenting your projectLead-inProject forecastingInspiring your thoughtsEnhancing your skillsPresenting your project Project of the unitWatch the video clip and discuss
3、 the following questions in pairs.Talking about economic crisisTask Project of the unit1.What are the measures that the government has taken to get rid of the financial crisis according to the video clip?2.Do you think the measures are reasonable according to the video clip?Lead-inThe American gover
4、nment has expended its expenditure in many aspects:financial companies such as Bear Stearns,AIG,banks such as Bank of America,Citigroup,auto companies such as General Electric Corporation and house mortgages.1.What are the measures that the government has taken to get rid of the financial crisis acc
5、ording to the video clip?Project of the unitLead-inAccording to the video clip,the American governments huge spending may not really be the answer to the economic crisis,and may bring about huge debt.2.Do you think the measures are reasonable according to the video clip?Project of the unitLead-inLea
6、d-inInspiring your thoughtsEnhancing your skillsPresenting your project Project of the unitProject forecasting Project of the unitEconomy is extremely important to both society and individuals.Like life,economies flow in circles.To face the ups and downs of life,it is essential for us to consider,ca
7、refully and seriously,various economic issues that are happening every day.Thats what you are expected to learn and talk about in this unit.By the end of this unit,you are expected to give a report on the following topic:The economy and me.Please get prepared by doing the following activities.Detail
8、ed understandingGlobal understandingEnhancing your skillsPresenting your projectProject of the unit Inspiring your thoughtsGlobal understanding of the text1)What contributed to the economic slump?2)What are the effects of the economic slump?Task Read Para.1 and answer the following questions.Inspiri
9、ng your thoughtsGlobal understandingStep 1Inspiring your thoughts1)What contributed to the economic slump?A regulatory failure of mortgage was rated less risky than they turned out to be.Global understanding2)What are the effects of the economic slump?People are not able to repay their loans.They lo
10、se jobs and could not meet their basic needs.Inspiring your thoughts1)How did the economic crisis affect individuals such as Sue?2)What does the author intend to tell us by Sues story?Read Paras.2-17.Work in groups of four and discuss the following questions.Global understandingStep 2Inspiring your
11、thoughts1)How did the economic crisis affect individuals such as Sue?People are not able to pay their rent and loans;many people lose their jobs;they receive modest payments of unemployment benefits;they could not meet their basic needs;they are fearful and panic about the future;they lose comfort a
12、nd respect,etc.Global understanding2)What does the author intend to tell us by Sues story?People suffer a lot in an economic crisis.Thus,the government should fulfill its duty.Global understandingDetailed understandingEnhancing your skillsPresenting your projectProject of the unit Inspiring your tho
13、ughtsInspiring your thoughts1)What was the consequence when large numbers of homeowners failed to repay their loans?2)What were“99ers”?3)What did the unemployment benefits mean to the job layoffs?4)Why does the author say Sue spent each day like a ping pong ball?5)Why did Sue decide to return to her
14、 hometown?6)Why did Sue think the only help she was going to get was from herself?Read the text again and answer the following questions.Detailed understandingTask 1Detailed understanding of the textInspiring your thoughts1)What was the consequence when large numbers of homeowners failed to repay th
15、eir loans?The companies that had the oversight and those that owned the loans,as well as their subsidiaries and their shareholders,lost sizable amounts of money.Detailed understandingto be continuedInspiring your thoughts2)What were“99ers”?They were jobless people who were no longer allowed to claim
16、 unemployment insurance benefits which they could only receive for 99 weeks.Detailed understanding3)What did the unemployment benefits mean to the job layoffs?Although the unemployment benefits were small in amount,they helped jobless people to survive and to keep their life going.to be continuedIns
17、piring your thoughts4)Why does the author say Sue spent each day like a ping pong ball?Because Sue went back and forth between resolve and despair.Detailed understanding5)Why did Sue decide to return to her hometown?Because she thought both the health-care safety net and job market were better there
18、.Inspiring your thoughtsDetailed understanding6)Why did Sue think the only help she was going to get was from herself?She couldnt receive effective support from the government and social organizations.Futhermore,what she needed was far beyond what her friends could offer and her sons were also not i
19、n a position to help her.So,she could only rely on herself.Inspiring your thoughtsThink over the following two questions and share your ideas with your classmates.Then summarize your ideas and write a paragraph concerning the two questions.Task 2Critical thinking1.Who suffer the most severe impact i
20、n an economic downturn?How?2.In what sense is the establishment of a social security system important to economic development?Detailed understandingInspiring your thoughts1.Who suffer the most severe impact in an economic downturn?How?I think women and children suffer most in an economic downturn.Wo
21、men are among the first to lose jobs,having to work harder to seek additional income,spending less time on nurture and care.And many women and children(to varying degrees)lack voice and power which,among other effects,contributes to abuse and exploitation.to be continuedDetailed understandingInspiri
22、ng your thoughts2.In what sense is the establishment of a social security system important to economic development?The social security system protects the economic security of workers,retirees,the disabled,and their families,and is a source of income for them.More than any other program,social secur
23、ity reduces poverty and improves the standard of living.Social security can be an important pillar to stabilize society,stimulate domestic demand and promote economic growth.Detailed understanding Language highlightingLanguage learningPresenting your projectProject of the unitInspiring your thoughts
24、 Structure analysisA cause-and-effect essay Enhancing your skillsLanguage focusTask 1Learning words and expressions about economy and economic crisisLanguage focusLanguage learning Step 1 Match the words and expressions with their meanings.Enhancing your skillsdonateoriginatecomplyexpirespectrumdete
25、riorateliabilitylikelihoodwind upact in accordance with rules,commands or wishesan ordered array of the components of an emission or wavecome to existence give sth.,esp.money,to a person or an organization in order to help themthe probability of a specified outcome(of a document,an agreement,etc.)be
26、 no longer valid because the period of time for which it could be used has endedbecome worsebe in an unpleasant situation or place after a lot has happenedlegal responsibility for sth.esp.for paying money that is owed,or for damage or injury1)People _ canned food and old clothes most frequently,but
27、rarely do they think about bringing in underwear its one of the most obvious but overlooked needs of the homeless.2)The conditions for the majority of the work force have continued to _.3)I asked the waitress to refill my coffee cup and she happily _ repeatedly until I had consumed enough coffee to
28、stay up all night.deterioratedonate deteriorate comply complieddonateLanguage focusLanguage learning Fill in the blanks with the following words in the box.Step 2Enhancing your skills4)Young students should develop a broad _ of interests,which their parents should encourage as best as possible.5)Fai
29、lure to make the request will be fatal to the accusers claim if the relevant limitation period has _.6)This type of system which _ in the UK has been widely used.spectrumoriginatedexpire spectrum originate expiredEnhancing your skillsLanguage focusLanguage learning 7)Throughout the investigation of
30、this case hes been concerned about his own potential legal _ in this case.8)Ann was a very shy young woman and she glanced nervously _ before she finally met my gaze.9)Reporters were openly and aggressively questioning whether the party was _ being taken over by extremists.liabilityback and forthon
31、the verge of back and forth liability on the verge ofEnhancing your skillsLanguage focusLanguage learning 10)Only those who are weighting the advantages and disadvantages of each choice _ to know which one is best for them.11)The farmers are starting to _ their goods in preparation to leave the mark
32、et when it closes.12)Her romantic illusions of being married _ recognizing her adult responsibilities that came with marriage.are in a positionpack upbe in a position pack up give way togave way to Enhancing your skillsLanguage focusLanguage learning 13)The activities and actions selected to illustr
33、ate the concepts were chosen based on the _ that they would be highly familiar to the children.14)The parents who feel that their own lives are miserable and failures can _ doing an immense amount of damage to their kids.15)I was able to _ the money I needed.wind uplikelihood wind up scrape together
34、scrape togetherlikelihoodEnhancing your skillsLanguage focusLanguage learning 16)Their attempts to bring peace and stability to this civil war torn region received another blow when _ of peace talks was announced.17)The high level of _ in his voice made her wonder if he was only trying to be polite,
35、or whether he was truly sincere about his compliments.18)His works are characterized by extreme economy of expression or _ of superfluous elements.formalityomission formality suspensionomissionsuspensionEnhancing your skillsLanguage focusLanguage learning 1)The house has an _ atmosphere.这屋里的氛围轻松随意。2
36、)He has the greatest disregard for all _.他全然不顾一切礼节。formal formalize formality informal Fill in the blanks with the following words,and translate the sentences into proper Chinese.informalformalityEnhancing your skillsLanguage focusLanguage learning Step 3Work in groups to add a list to your word ban
37、k of special terms for economy.Step 4Language focusLanguage learning debtthe money that you owe someoneregulationan authoritative rulerentthe amount of money that sb.pays to use a housecurrencythe money used in a particular countryappreciationthe value of money is increasedthrivethe economy develops
38、 fast and healthilyEnhancing your skillsEnhancing your skillsLanguage focusLanguage highlighting Task 2Detailed learning of key vocabulary1.slump(Para.1)n.C,usu.sing.a period when there is a reduction in business and many people lose their jobs（经济的）不景气，萧条 Translation:新的担忧是，房地产业的萧条远远没有结束。There are ne
39、w concerns that the housing slump is far from over.Enhancing your skillsLanguage focusLanguage highlighting 2.oversight(Para.1)n.U the situation of being in charge of a piece of work and checking that it is satisfactory 监管；监督Translation:你需要对全部的管理过程和服务进行监督，包括他们如何工作以及到底在干什么。You need to have oversight
40、of all the management processes and services,including how they work and what they actually do.oversight:忽视；监督insight:洞察力；洞悉；顿悟foresight:先见；远见；预见；深谋远虑 oversight insight foresightDistinguish the following three words which have relevant forms but different meanings and fill in the blanks.Enhancing yo
41、ur skillsLanguage focusLanguage highlighting 1)他们有投资新技术的先见之明。They had the _ to invest in new technology.2)该项目将使科学家们对地球大气层正在发生的情况有更新的了解。The project would give scientists new _ into what is happening to Earths atmosphere.3)每年我们会主动向国会报告我们何时行使了这项特权并说明原因，因为对我们的行为必须要有适当的监督。Each year we will voluntarily re
42、port to Congress when we have invoked the privilege and why,because there must be proper _ of our actions.foresightinsightsoversightEnhancing your skillsLanguage focusLanguage highlighting Enhancing your skillsLanguage focusLanguage highlighting 3.rebound(Para.1)n.C(esp.business)a positive reaction
43、that happens after sth.negative 复兴；振兴Translation:尽管就业市场回暖，失业率仍然居高不下。Despite the rebound in the job market,unemployment remains high.Enhancing your skillsLanguage focusLanguage highlighting 4.verge(Para.7)n.C(be on the of)be at the point where sth.is about to happen 濒于；即将Translation:这场旷日持久的战争使国家的财政濒于
44、破产。The long-drawn-out war brought the countrys finance to the verge of bankruptcy.verge:指明显地标记一广阔空间的边界，或终端线，也指极狭窄的空间，常用作比喻。fringe:指地毯的须边、围巾的花边、烫发的卷边或人群的边缘。border:侧重刚好在界线内的一部分表面上，指较宽的边缘，也可指边缘本身。margin:指物体的空白边，一般较宽。verge fringe border margin Distinguish the following four words and fill in the blanks.
45、Enhancing your skillsLanguage focusLanguage highlighting 1)公司打算增加我们的附加福利。The company plans to beef up _ benefit.2)国家处于经济衰退的边缘。The country is on the _ of economic recession.3)他在纸的边缘处做了一些笔记。He made some notes on the _of the paper.4)德国与法国接壤。Germany _ on France.fringevergemarginbordersEnhancing your ski
46、llsLanguage focusLanguage highlighting Enhancing your skillsLanguage focusLanguage highlighting ply(Para.10)vi.(fml.)do what you have to or are asked to do 服从；遵守Translation:约翰的老板对他施加了很大压力，让他遵守公司关于工作场所安全的新条例。Johns boss put a lot of pressure on him to comply with the new company rules about safety at
47、the ply abide obey Distinguish the following three words and fill in the blanks.这三个词都有“遵守”的意思，但是出现形式不同。comply with,abide by,obeyEnhancing your skillsLanguage focusLanguage highlighting 1)每个公民都必须遵纪守法。Every citizen must _ by the law.2)作为一名新战士，需要履行职责时必须服从。As a new recruit,you must _ when duty calls.3)到
48、矿上参观的人必须遵守规章。Visitors to the mine must _ with the rules.abideobeycomplyEnhancing your skillsLanguage focusLanguage highlighting 6.reclaim(Para.11)vt.get back sth.that you have lost or that has been taken away from you 恢复；夺回Translation:对该行业来说，好消息是投资者似乎并不急于要求收回他们的钱。The good news for the industry was t
49、hat investors dont seem to be in a hurry to reclaim their money.Enhancing your skillsLanguage focusLanguage highlighting 7.subsistence(Para.15)n.U the condition of only just having enough money or food to stay alive（勉强的）维持生活，生存，生计Translation:在美国的自由理想中，公民们发现了经济独立带来的保障，而不是徘徊在生存边缘的辛苦劳作。In Americas idea
50、l of freedom,citizens find the security of economic independence,instead of laboring on the edge of subsistence.1)千百年来生活在阿拉斯加北极圈内的当地人依靠狩猎北极露脊鲸和其他哺乳动物生存。For thousands of years the native people living above the Arctic circle in Alaska have depended on hunting bowhead whales and other mammals for thei
