Actividades 3 y 4

Actividad 3.
In economics, a financial market is a mechanism that allows people to buy and sell (trade) financial securities (such as stocks and bonds), commodities (such as precious metals or agricultural goods), and other fungible items of value at low transaction costs and at prices that reflect the efficient-market hypothesis.

Both general markets (where many commodities are traded) and specialized markets (where only one commodity is traded) exist. Markets work by placing many interested buyers and sellers in one "place", thus making it easier for them to find each other. An economy which relies primarily on interactions between buyers and sellers to allocate resources is known as a market economy in contrast either to a command economy or to a non-market economy such as a gift economy.

Skimming and Scanning

Palabras claves: Market, Financial.

Palabras que se repiten: economy, financial, market, where.

Idea: The main idea is to know the significance of financial markets.

Cognates:

• financial
• mechanism
• precious
• metals
• agricultural
• value
• reflect
• hypothesis

Actividad 4.

During the 1980s and 1990s, a major growth sector in financial markets is the trade in so called derivative products, or derivatives for short.

In the financial markets, stock prices, bond prices, currency rates, interest rates and dividends go up and down, creating risk. Derivative products are financial products which are used to control risk or paradoxically exploit risk. It is also called financial economics.

Speech Markers: is, go, are.
Time Markers: During, 1980's and 1990's.
Text: Sequencial