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Key Concepts in Economic and Social Issues

The document discusses three issues: 1) people migrating to cities often end up in poor, overcrowded housing that deteriorates their health and quality of life, suggesting new rural jobs be created instead; 2) children spending too much time watching TV late at night impacts their school performance, so limiting TV access may help; 3) local communities often feel negatively toward tourism because tourists stay in international hotels rather than local accommodations, so encouraging local lodging could benefit the local economy and cultural exposure.

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0% found this document useful (0 votes)
69 views13 pages

Key Concepts in Economic and Social Issues

The document discusses three issues: 1) people migrating to cities often end up in poor, overcrowded housing that deteriorates their health and quality of life, suggesting new rural jobs be created instead; 2) children spending too much time watching TV late at night impacts their school performance, so limiting TV access may help; 3) local communities often feel negatively toward tourism because tourists stay in international hotels rather than local accommodations, so encouraging local lodging could benefit the local economy and cultural exposure.

Uploaded by

Hằng Đào
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

TRANS6

Ardent: very enthusiastic


Sphere: an area of interest or a large group of people who share certain interests -lĩnh
vực hoạt động
lateral thinking: consideration of a large range of ideas, not only the most obvious
allocation
a certain amount given to each person when resources are divided.
sự phân phát
concede
to give up, to admit that someone is right or that you have lost the battle
minivan
a vehicle that is shaped like a small bus and used as family car
xe tải nhỏ chuyên chở hành khách và hàng hóa
en masse
as a large group
gộp lại, toàn thể
autobiographical
the story of a person's own life written by the person
tự truyện
episodic
occurring as a series of separate events, not continuous
tình tiết (trong truyện)
rời rạc
generic
showing charateristics common to a large group
khái quát, chung cho mọi thành viên trong 1 nhóm
in terms of
related to
fluid
shiffting and changing overtime, like the flow of water
hay thay đổi
If people migrate to cities, they become trapped in poor, overcrowded accommodation
and so their health deteriorates. As a result, their quality of life may be no better than
before. A good idea would be to try to create new jobs in the countryside. By doing this,
people would not feel the need to move into cities which are already overcrowded.
People spend too much time watching TV. For example, some children stay up late
watching TV in their bedroom instead of getting a good night's sleep. Consequently,
they arrive at school tired and unable to learn. If households just have one TV in the
main living area, then it will be easier to control how many hours are spent in front of it.
This could lead to better results at school.
The development of tourism often creates negative feeling among local people because
tourists do not help the local economy. For example, they may stay in international
hotels which make large profits outside the country. The obvious answer is to encourage
tourists to use locally available accommodation. Furthermore, by doing this, they would
learn more about the country they are visiting.
Trả lời trong 3-5 câu mỗi câu

1. Ý của bạn là gì về lợi thế so sánh cá nhân? Lợi thế so sánh của bạn với tư cách là
Sinh viên (Việt Nam) là gì? Đưa ra một cơ sở ví dụ dựa trên kinh nghiệm cá
nhân của bạn.
For example, if a country is skilled at making both cheese and chocolate, they
may determine how much labor goes into producing each good. If it takes one
hour of labor to produce 10 units of cheese and one of labor to produce 20 units
of chocolate, then this country has a comparative advantage in making
chocolate.
In my opinion, personal comparative advantage describes a situation in which an
individual can produce a good or service or do something at a lower opportunity
cost than another person.
2. Bạn muốn nói gì về người theo chủ nghĩa bảo hộ?
In my opinion, protectionism or policy of protecting domestic industries against
foreign competition by means of tariffs, subsidies, import quotas, or other
restrictions or handicaps placed on the imports of foreign competitors.
3. Ưu điểm và nhược điểm của chủ nghĩa bảo hộ là gì? Đưa ra vài ví dụ.

Vui lòng nộp đúng hạn.

Đọc “Các vấn đề thương mại thế giới và cách giải quyết”
trang 42-44

Trả lời các câu hỏi dưới đây trong 3-5 câu

1. Nêu ví dụ về các biện pháp trừng phạt mà WTO có thể áp dụng?


The 19 non-Russian members of the G20 threatening to enact sanctions against
Russia over Russian actions in Crimea, or the United States enacting sanctions
against Iran over a long list of disagreements, or nearly everyone enacting
sanctions against North Korea. Presently, the United States has sanctions in
place against 20 or so nations to protest political stances, and against dozens
more for reasons related to drugs, terrorism, trade in illegal diamonds, and so on.
2. Bạn có nghĩ rằng việc áp đặt các biện pháp trừng phạt là một cách giải quyết
công bằng và hợp lý?
I think the sanctions taken against a country to make it obey international law it
is reasonable and fair. This is to protect the interests of the country or its people

3. Theo bạn, các nhà lãnh đạo thế giới nên cân bằng kinh tế và chính trị như thế nào để
các lệnh trừng phạt trở nên công bằng?
Sanctions do not include the use of military force, can be used as a coercive measure for
achieving particular policy goals related to trade or for humanitarian violations. Or
leaders can have conversations to resolve political issues peacefully and in the best
interest of both parties.

1. Ý bạn là gì về Vaccine? Làm thế nào nó hoạt động?


2. Tại sao vắc xin được tạo ra?
3. Hai loại vắc xin là gì? Họ làm việc như thế nào?
4. Bạn có nghĩ rằng vắc xin là quan trọng? Giải thich câu trả lơi của bạn.

Patriotic purchasing is
 Give an example and explain. Do you agree with protectionism?

Patriotic purchasing is the act of buying or caring for a customer with an item
produced in their country or the locality in which they live. For example, When
Americans are given a choice between a product made in the U.S. and an identical one
from another country, 78 percent of Americans would rather buy a product made in the
U.S… Customers choosing to buy from domestic company will help them have a
motivation to produce, have a certain amount of purchases, to be able to compete with
international competitors.
I agree with protectionism. Advantages to trade protectionism include the
possibility of a better balance of trade and the protection of emerging domestic
industries, protecting domestic goods, increase power in the domestic market. But it a
lack of economic efficiency and lack of choice for consumers. Countries also have to
worry about retaliation from other countri
1. Jealous of
[Link] to
3. Capable of
4. Typical of
5. Ashamed of
6. Sensitive to
7. Good at
8.
9. proud of
10. ready for
11. Accustomed to
12. Responsible for
13. dependent on
14. relevant to
15. afraid of

Collocation
1. adj + N
2. N+ N
3. Adv+adj
4. V+N
5. V + Adj
6. N+ V

¶Nowadays, traffic congestion is more and more serious in the world, and
especially this situation occurs frequently in big cities. So what is the most reasonable
solution to reduce traffic congestion and limit the impact on everyone in traffic? In my
opinion, using public transport reduces the number of private cars in traffic. Firstly, the
government should invest money to improve the quality of public transport, this will
attract a large number of people to ride to save on travel costs while ensuring quality.
Secondly, companies that manage public transport should have measures and policies in
place so that buses can go on schedule. Because the more punctual the means of
transport will not affect or cause trouble for passengers, they will choose to take public
transport. Besides, a solution that I think makes sense is for employers to implement
flexitime. For example, companies can divide employees working time into different
slots or leave jobs that can be done online for employees to work at home during
congested traffic to reduce the number of people in traffic. In conclusion, while traffic
congestion is a hard-solving problem, it can be coped with by using public transports or
flexible during employee working hours

Welcoming foreign investment to build more factories is beneficial for the economy of
a developing country. However, the consequences to the environment and the health of
the people are severe. Discuss both views and give your opinion

Creation of jobs is the most obvious advantage of FDI. It is also one of the most
important reasons why a nation, especially a developing one, looks to attract FDI.
Increased FDI boosts the manufacturing as well as the services sector
Increased Employment and Economic Growth
Foreign investment has other benefits beyond injecting new capital. By bringing in
new businesses with connections in different markets, it opens up additional export
opportunities, boosting our overall export performance
By promoting exports and receiving foreign investment, developing countries can
expand income and employment; and through transfers of technology and know-how
of management they can strengthen the activities of their domestic private sector
enterprises, and thereby provide the funds needed for development.
FDI has become an important source of private external finance for developing
countries. It is different from other major types of external private capital flows in that
it is motivated largely by the investors' long-term prospects for making profits in
production activities that they directly control.

Many governments think that economic progress is their most important goal. Some
people, however, think that other types of progress are equally important for a
country.
Discuss both these views and give your own opinion.
People have different views about how governments should measure their countries’
progress. While economic progress is of course essential, I agree with those who believe
that other measures of progress are just as important.
There are three key reasons why economic growth is seen as a fundamental goal for
countries. Firstly, a healthy economy results in job creation, a high level of
employment, and better salaries for all citizens. Secondly, economic progress ensures
that more money is available for governments to spend on infrastructure and public
services. For example, a government with higher revenues can invest in the country's
transport network, its education system and its hospitals. Finally, a strong economy can
help a country’s standing on the global stage, in terms of its political influence and
trading power.
However, I would argue that various other forms of progress are just as significant as
the economic factors mentioned above. In particular, we should consider the area of
social justice, human rights, equality and democracy itself. For example, the treatment
of minority groups is often seen as a reflection of the moral standards and level of
development of a society. Perhaps another key consideration when judging the progress
of a modern country should be how well that country protects the natural environment,
and whether it is moving towards environmental sustainability. Alternatively, the
success of a nation could be measured by looking at the health, well-being and
happiness of its residents.
In conclusion, the economy is obviously a key marker of a country’s success, but social,
environmental and health criteria are equally significant.

1. I - suggestion for improving trade in the future


Evidence: Bringing these barriers down would help the world’s economies
grow even closer.
2. F- the effects of the introduction of electronic delivery
Evidence: Computer software can be 'exported' without ever loading it onto a
ship, simply by transmitting it over telephone lines from one country to another;
worrying less about the cost of delivering their output.
3. E- evidence:  Computer manufacturers in Japan or Texas will not face hugely
bigger freight bills if they import drives from Singapore rather than purchasing them on
the domestic market
4. D- evidence:  world output has shitted into goods whose worth is unrelated to
their size and weight
5. True- evidence: While the global economy has been expanding at a bit over 3% a
year, the volume of trade has been rising at a compound annual rate of about twice that

6. False- evidence:  Cheap labour may make Chinese clothing competitive in


America, but if delays in shipment lie up working capital and cause winter coats to
arrive in spring, trade may lose its advantages.

7. Not given
8. True- Most countries continue to prefer to trade with nearby nations
9. Not given
10. trade
11. components
12. container ships
13. tariffs

It would be argued by some people that foreign investment is beneficial for the
economy of a developing country. Other people say that foreign investment also brings
drawbacks to the country. In this essay, I will discuss both two these problems.
I think, there are two advantages of foreign investment to a country. One of the
benefits is that the economy will grow. One of the most important reasons why a nation
-especially a developing one-will look to attract foreign direct investment is boost the
manufacturing and services sector which results in the creation of jobs and helps to
reduce unemployment rates in the country. Another advantage is human capital
development and innovation in domestic production technology. For example, skills
that employees gain through training and experience can boost the education and human
capital, training high-quality human resources.
Besides, foreign investment also has certain drawbacks. Firstly, foreign investors do
not have protection policies. Investors really need the house's preferential policies
country and strictly comply with the law to protect their own rights and interests.
Second, the market is highly competitive. When investing in a certain country, foreign
investors not only have to compete with domestic enterprises but also have to compete
with foreign enterprises from other developed countries.
In conclusion, foreign investment will bring many benefits to developing countries,
but there are still certain cultural and language barriers.

dvantages of protectionism
Protectionism marks an economic theory that emphasizes the minimization of free trade
between nations. There are currently a lot of nations that practice economic
protectionism; such countries believe that the manufacturing of goods should take place
domestically, rather than in a global setting. Generally there are two main types of
government control on international trade; tariff and non-tariff. Previously, the main
dispute between supporters and opponents of protectionism was focused on the
discussion of arguments again and for using tariff as an economic policy instrument.
Non-tariff barriers became usual in the last years and many of them are used by
countries as an escape passage in free trade agreements, since WTO agreements have
much weaker restraints on non-tariff protectionism than on tariff. The supporters of
protectionism build their arguments on the following:

1) An advantage of protectionism is that it keeps the domestic economy rolling. Since


there is a decrease in imports, domestic firms have less competition, and so are able to
continue. The domestic economy will also be strengthened because unemployment will
be down due to the domestic firms and they will be able to produce and sell more goods
with a lot less difficulty, giving firms less reason to decrease its costs by decreasing its
workforce. Those with jobs will continue to consume while allowing the economy to
flow.

2) Protectionism makes domestic firms less competitive in the export market, as import
barriers raise domestic prices through higher costs for mediocre inputs this means that
export products also become more expensive and decrease in market share against the
international competition.

4) Protectionism permits the new and upcoming firms to work and develop at an
acceptable rate, because they will not be pressured by foreign, more experienced firms.
The new firms can grow until they themselves are big enough to compete in
international markets, encouraging positive features for the domestic economy in the
future.

5) Protectionism can also prevent dumping, this is where foreign and bigger economies
enter an economy and sell their goods at a price lower than the costs of production.
Therefore, the consumers of that specific economy are spending more than the
consumers in overseas areas.

3) An exception in which protectionism could improve a nation’s economic well-being


is when a country has monopoly power over a good. Economists [1] have argued that a
country that produces a large percentage of the world’s output of a good can use an ”
optimum’ tariff to take advantage of its latent monopoly power, and thus gain more
from trade. This is the same as stating that a monopolist will maximize profits by
raising prices and reducing outputs.

As stated before, many countries practice economic protectionism and it may hold
several advantages over the separate notion of free trade.

Disadvantages of protectionism
Trade protectionism has more than a few disadvantages, the most noteworthy of which
are the pressures it places on the very core principles of free trade. Further
disadvantages are the protections it offers to firms that contest on a stage of price over
quality, the incorrect sense of security that it builds and the denial of easy access to
certain products for consumers. At the core of protectionism are tariffs, duties, quotas
and any other measures designed to restrict the import of foreign goods in interest of
protecting domestic companies from foreign take overs. More disadvantages are as
follows:
1) Consumers pay more with protectionism. Without a system of competitive pricing,
domestic companies are free to raise their prices without raising the quality of their
goods. When a business has no competition then the consumer is left without options.

2) Businesses suffer from protectionism too. Government support often builds corporate
contentment, which could lead to a business to believe that it has a pleasant safety net
set up behind it in the event of strong foreign competition as these businesses might not
have the resources necessary to survive on their own.

3) Trade protectionism limits consumer access to foreign goods and non-domestic


companies that offer unique products and services are also subject to the restrictions.

4) Foreign businesses and domestic consumers face the greatest disadvantages of trade
protectionism. Businesses face imbalanced restrictions while their domestic competitors
are offered financial advantages, and the consumer ends up paying higher prices for a
limited variety of products that are not always worth their costs.

5) Protectionism can cause a retaliation reaction from other nations, ruining vital
relationships between nations. a clear example of this would be the relationship between
USA and China, when the US put boundaries on the Chinese tires , China retaliated by
putting up barriers against different U.S. goods such as their chicken. This kind of
hostility between nations decreases the specialization between two nations, eventually
damaging the economy.

Additionally to all of this, some governments provide subsidies and loans to businesses
that are not able to compete against their foreign competitors. These actions restrain the
free market by giving benefits to domestic companies while creating consequences upon
foreign businesses. Some argue that trade protectionism is a step towards anti-
globalization because of these reasons.

Social sanctions enforce a standard of behaviour that is deemed socially acceptable and
this is essential for society to regulate itself and maintain order. Social cohesion and
cooperation depend on social sanctions and they are essential for organisations, social
groups and society to work together effectively.
Economic sanctions are used as a tool of foreign policy by many governments.
Economic sanctions are usually imposed by a larger country upon a smaller country for
one of two reasons: either the latter is a perceived threat to the security of the former
nation or that country treats its citizens unfairly.

14.C - there is evidence that literacy is related to external factors


Evidence: These studies argue that literacy can only be understood in its social and
technical context.  –
15. A- the printed word is both gaining and losing power.
16. B
Evidence: There is no reason why the new and old media cannot be integrated in
schools to provide the skills to become economically productive and politically
enfranchised.
17. D- our exposure to cultural information is likely to increase
Evidence: through the public service tradition of British broadcasting, now makes our
literary tradition available to all.
18. Yes
Evidence :

Artificial intelligence is developing more and more, is very important for modern
human life. However, for all these technological advancements, we still seem to have a
profound lack of trust in AI predictions. In this essay, we will discuss solutions to this
problem.
The reason that people don't really trust AI is that the complexity of AI algorithms
makes them not understand. The decisions that AI makes, even if it is technically
explainable, but this does not make many people understand, leading to their anxiety
and reluctance to believe what the AI predicts. Moreover, the failures and wrong
decisions that AI makes get huge attention in the media, they emphasize that humans
cannot rely on AI. These things have negatively impacted people's thinking about AI
There are a number of solutions to deal with the fact that humans do not trust the results
that AI predicts. First, we use popular media to make clear, transparent reports that
explain the algorithms that AI uses and its purposes. Second, allowing people to control
AI decision-making can also improve trust and allow AI to learn from human
experience. For example, one study showed that when people were allowed the freedom
to slightly modify an algorithm, they felt more satisfied with its decisions, more likely
to believe it was superior and more likely to use it in the future.
We should realize that in some areas AI can do better than us and we should be more
accepting of AI in our lives.

1. Tác giả đề cập đến hai khía cạnh trong nền tảng của
Elaine Moore, nó chỉ ra chuyên môn của cô ấy. đó là gì
2. Tại sao Hector LeBaise có lẽ không được coi là một
nguồn khảo cổ học được tôn trọng?

Today, some people believe that the practice of "Magic Thinking" or what we call
superstitious beliefs, like burning paper money, is no longer relevant and important. I
have just agreed with this opinion, in this essay I will give my reasons on this issue.
The burning of votive paper is considered as a cultural and religious feature to pay
respects to the deceased, to ancestors and also has the meaning of educating children
and grandchildren to remember the source. This has both good and bad sides. On the
negative side, firstly we lose will take a lot of money and resources to produce paper
money for the deceased. In Vietnam, every year people spend a lot of money on this
belief, they use it at home when someone dies, on holidays, Tet or full moon day,
especially in temples and pagodas. They believe that burning these banknotes will help
the deceased and hope to receive good luck and money from them.
Second, the burning of ghost banknotes will contribute to environmental pollution.
People will have to cut many trees to make votive paper and then burn it again, the
smoke and substances after burning will increase air pollution. It is my view that the
deceased will not receive it. The suggestion exists that we should minimize the burning
of banknotes and instead use flowers to show gratitude to the deceased. This will reduce
environmental pollution. Moreover, based on the development of artificial intelligence,
we can absolutely do something more important and useful than burning ghost paper
money.
In conclusion, the memorial by burning ghost banknotes has no basis, it's form is no
longer appropriate. What matters is people's hearts and feelings for them

WRITE A 250-WORD ESSAY ABOUT THE FOLLOWING TOPIC.


SPORTS STARS ARE PAID TOO MUCH FOR WHAT THEY DO. DISCUSS.

There is a controversial issue about the income of famous sports. Some social workers
state that their payments are excessively large. However, some people argue that they
deserve that money. In this essay, I will discuss about my view with reasons and
examples.
I justify the view that they deserve such an income with the following arguments. First,
they often spend their whole life practicing hard, trying their best to pursue their passion
for football. Most people just observe how famous athletes live in affluence, but they
don't realize how much effort they put in to achieve the best results in world
competitions. Take Ronaldo as an example, to have such a career and wealth before he
was also very difficult, making efforts to practice.
Second, they mainly make big money from advertising. Usually in society, athletes
make a living by participating in competitions, but in fact their income is mostly formed
from TV advertising products, participating in advertising for famous brands. language.
In addition, with such a high income, they also have to pay an income tax that is
regulated by the state. In addition, the occurrence of injuries during matches is
inevitably for athletes.
In conclusion, famous sportsmen have such an income that is generally reasonable.

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