The video tutorial explains the English expression 'It's Time' and its two main meanings. The first meaning indicates that the time has come to do something and it is not late, using the formula 'It's Time + to + verb'. The second meaning suggests that something should be done and it is already a bit late, using 'It's Time + subject + past simple'. Examples and a dialogue illustrate these uses. The tutorial concludes with a recap of the meanings and usage of 'It's Time'.

What is the formula for using 'It's Time' when the time has come to do something?

• It's Time + verb + object

• It's Time + subject + verb

• It's Time + to + verb

• It's Time + subject + past simple

How is 'It's Time' used to indicate that something should have been done earlier?

• It's Time + subject + present simple

• It's Time + to + verb

• It's Time + subject + past simple

• It's Time + verb + object

In the dialogue, what does the slang term 'lazy person' refer to?

• A person who loves reading

• A hardworking individual

• A person who is always on time

• A person who avoids work

What does the phrase 'get down to business' mean in the context of the dialogue?

• To start working on something

• To relax and enjoy

• To avoid responsibilities

• To finish watching a show

What is the main purpose of the recap in the final section?

• To discuss the importance of punctuality

• To summarize the two meanings of 'It's Time'

• To provide a list of new vocabulary

• To introduce a new expression