VOA(Voice of America) June 14th 2013 (week2)
Facebook Finds New Friends in the World of Private Finance
Facebook is the
world's biggest social network. The
Social Network is important
now. Facebook says it reached five hundred million users last
July.Facebook is Website
was launched in 2004 of social
network. After
that,American bank Goldman
Sachs and the Russian company Digital Technologies Sky friended Facebook. London.Mister Tahta want
to compare the
differences between the public
and private sectors.
Private
company must
report financial
information if
it
has more than
five
hundred
of the shareholders. facebook is
a private sectors. Private companies are publicly traded Internet company, Goldman Sachs is expected to raise billions of
dollars and half dollars more
by selling shares of
ownership in Facebook to investors.
Public
companies have
protections
that investors
in the company.
Public companies
do not sell
shares to the
general public.
To conclusion, Public
and private
companies
are
different
in trading.In addition, Some countries are spending money
they do not have in an effort to get their economies growing again. I think that, we should give importance to public companies
and private companies.
Vocabulary
|
Pronunciation
|
Meaning
|
1.economic ( adj)
|
-relating to economics or the
economy:
Ex: the government’s economic policy
|
|
2.recovery (n)
|
-การฟื้นคืนสู่สภาพปกติ
- a return to a normal state of health, mind, or strength:
Ex: signs of recovery in the housing market
|
|
3.recession (n)
|
-การตกต่ำทางเศรษฐกิจ
a period of temporary economic decline during which
trade and industrial activity are reduced, generally identified by a fall in
GDP in two successive quarters:
Ex: the country is in the depths of a recession
|
|
4.reform (v)
|
-cause (someone) to relinquish an immoral, criminal, or
self-destructive lifestyle:
Ex: the state has a duty to reform criminals
|
|
5.effort
(n)
|
|
-the result of an attempt:
Ex: he was a keen gardener, winning many prizes for his efforts
|
6.political (adj)
|
- relating to the ideas or strategies of a particular
party or group in politics:
Ex: a decision taken for purely political reasons
|
|
7.global (adj)
|
-relating to the whole world; worldwide:
Ex: the downturn in the global economy
|
Reference:
from http://voaspecialenglish.com | http://facebook.com/voalearningenglish
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