Unit 1
Market Capitalism
Reading Comprehension

Households and business firms

through market exchange …
 !"
Households
Reading Comprehension
#""
It depends on the demand for final products because firms produce to
sell to consumers
$!
Labor, materials: wood, fruit…
Reading Comprehension
%!!"!
Customers get money through the sale or loan of their resources to
firms.
&'
They desire to maximize their economic well-being through market
exchange. Business firms pursue profit maximization and households
try to maximize utility or satisfaction
Reading Comprehension
()"*+
It means that there are many buyers and sellers, products are
substitutable, buyers and sellers have a lot of knowledge of the market
and resources are able to move freely between uses.
Reading Comprehension
,"""*
-

%
&"
Grammar
-
/*"0111
-
/*"*"0
Translation

2 "*34 563!7898: ;8 7<=>> ệ ộ ọ ủ ị
 >?@A3 5  B5 57<"98:5   ườ ạ ộ ủ ượ ổ ị ườ

A 7CD " * 4!7 4 "Dườ ậ ừ ệ ệ ệ
 9 78"*3:464ể ự

>7<=>  >?@A14 "*34 56D: ị ườ ệ ộ ệ
"   57<985   37<398ụ ộ ẫ ượ ợ ậ
#
>7<=>>>   !934319 4ạ ư ệ ườ
*3 339 !78ườ ể
$
34*3 * D5 3;<  7C*35 ;8"ị ụ ượ ủ ườ ượ
 4 "ở ệ
Translation

?
'""

@*!
"!!"