FINANCIAL EDUCATION SHOULD BE MANDATORY COMPONENT OF THE SCHOOL PROGRAM. TO WHAT EXTENT DO YOU AGREE OR DISAGREE WITH THIS STATEMENT?

It is an obvious fact that financial aspects are a major part of daily life, as an adult and even as a young individual. Each and every one of us has to make financial decisions concerning recreation, health, education and more. The question is whether to start with financial education as part of school program or postpone it for a later stage in life.

To being with, being able to understand the value of money, the way the economic system works and interpret financial news and its implications is a virtue. Without this virtue, an individual, and even a young one, might suffer, to some extent. For example, a child who doesn’t understand the concept of money might find it more difficult to except (accept) choosing only one present out of more possible ones.

In addition, many adults are lacking financial analysis capabilities. Quite often, the reason can be a shaky basis or insecurity when it comes to financial terms and concepts. Starting from an early age, building a strong background, can very likely prevent such a situation.

However, financial education necessarily involves quantifying and setting prices and value for services and goods. It can be easily turn young people into cynical and cold-hearted human beings. Furthermore, a tendency to self-concentration and egoism might rise when one starts measuring everything from a profit making perspective.

In conclusion, financial education has both pros and cons. In my opinion, the advantages are stronger than the disadvantages, making financial education an advisable component of school program. The disadvantages should be thought of as a certain price that young people have to pay due to the characteristics of the world that we live in.

Comment:

This is a wonderful essay. It covers the task, is correctly structured, the paragraphs are logically connected, the structure of sentences shows excellent command of English. The vocabulary is fine and both spelling and grammar are very good. See comments underlined in blue for some minor corrections. Overall, looks like a Band 7.5 - 8 essay.

Essay 5

IMPROVEMENTS IN HEALTH, EDUCATION AND TRADE ARE ESSENTIAL FOR THE DEVELOPMENT OF POORER NATIONS. HOWEVER, THE GOVERNMENTS OF RICHER NATIONS SHOULD TAKE MORE RESPONSIBILITY FOR HELPING THE POORER NATIONS IN SUCH AREAS.

Today’s world has been divided into developing and industrialized countries which (where) the main difference between them is the amount of money that governments apply in important sectors such as education, health and commerce. Most of the poorer nations are buried in debts as a result of their unbalanced finances which are reflected in a failed (poor) health care, an unstructured education system and a weak international trade. This vicious cycle will continue indefinitely unless wealthier nations show interest in minimizing the worldwide economic differences, as well as taking more responsibility for assisting unfortunate countries.

Most of the African countries live in sub-human (inhuman) conditions because of the extreme poverty, upheaval, hunger, disease, unemployment, lack of education and both inexperienced and corrupt administrations. The devastating consequences of the AIDS epidemic in those countries could improve if the infected populations receive free drugs to control the disease, have access to health professionals and get information on how to prevent its spread. But this can only be achieved through international help programs in which leaders of the world?s richest countries donate medicine and also send doctors and nurses to treat and educate those in need.

Moreover, most of the poor countries rely on selling agricultural products and raw material to rich nations and buying industrialized products from them resulting (which results) in a huge financial deficit. Consequently, they borrow a significant amount of money from the World Bank to try to improve their broken economies, but sometimes the money disappears with no significant changes and they cannot even pay the interest to the bank. Regarding this issue, last year the G8, which is comprised of leaders of the eight richest nations, decided to forgive billions of dollars worth of debt owed by the world?s poorest nations. In addition, they developed adequate loan programs to financially assist those countries.

In conclusion, leaders of the industrialized countries play an indispensable role in assisting developing nations deal with essential areas such as health, education and trade. Also, their aid is the key to breaking the vicious cycle, which results in poverty and death.

Comment:

This is an amazing essay, looks like Band 8 to me, nothing to improve here.

Essay 6

Date: 2015-12-24; view: 804