Mr. Anderson 25 OCT 2011 Reading Response #5: Time’s Exchange Rate “Time is money”: Bejamin Franklin‚ Founding Father of the United States of America seemed to imply his country’s priorities fairly well in his famous three-word quote. Time and money are valued almost above all in the U.S.‚ and sacrificing one or the other usually is at least a minor struggle for most Americans. In the capitalist society that we live in‚ people are always competing. They are always competing to “rise to the top”
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Time value of money ("TVM") is defined as the idea that money available at the present time is worth more than the same amount in the future‚ due to its potential earning capacity. This core principle of finance holds that‚ provided money can earn interest‚ any amount of money is worth more the sooner it is received. TVM is also often referred to as "present discounted value" (Answers Corporation‚ 2006). TVM concepts help people like managers or investors understand the benefits and the future cash
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WRITING TASK 2 You should spend about 40 minutes on this task. Write about the following topic: Some people think that young people should be ambitious. Others believe that it is fine if young people do not have big aims in life. Discuss both these views and give your own opinion. Give reasons for your answer and include any relevant examples from your experience. Write at least 250 words. Question and model answer taken from Thomson exam essentials IELTS Practice Tests M. Harrison
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being unable to get their point across as people cant understand what their saying so they sometimes have temper tantrums. This can lead to social problems as they may not want to socialise with people through fear of them not being understood. This can affect their emotional development as they can get upset about not having many friends due to being unable to communicate with them. Their intellectual development can be affected due to having to spend time off school to attend hospital appointments
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Urbanization and its effect on third world living conditions Urbanization is the spreading of cities into less populated agricultural areas. Most people would not think that this is necessarily a problem. They would say that it is good that the "developing countries" were becoming more developed. With urbanization comes factories and more jobs‚ so the people can make more money and be happier. Right? The problem is that these people must sacrifice their traditional lifestyles‚ for this new "Urbanism"(the
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essay: There is nothing that young people can teach older people Needless to say‚ we have to respect and obey older people‚ partly because they have more experience and knowledge than us‚ so what they say is almost true. However‚ that doesn’t mean they know everything and young people have nothing to teach them. In the following part of the essay‚ I will support the idea that there are some things we know but they haven’t known and they can learn from us. Young people can teach the elderly anything
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is better to live in a country or in a city? There are a lot of advantages and disadvantages of living in a big city. First I would like to speak about the advantages. If you know a city you are living in quite well‚ you sooner or later find some positive aspects of living in it. Imagine yourself on an overcrowded street of a modern city… Imagine cars passing you by‚ people scurrying about… Try to picture shops open 24 hours a day and restaurants serving food from all over the world. Isn’t it attractive
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business world. Without mathematics businesses wouldn’t be able to operate effectively. In order to run a restaurant math plays an important role in a lot of different areas. For instance the items on the menu may change due to the way it sells. Bookkeeping and math allow you to both figures out what items are profitable and what items are selling. The business world revolves around math‚ from profit and loss statements‚ to graphs‚ to taxes. Everything in business requires mathematics. Owning a restaurant
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Young people go to the USA‚ but why? There are a lot of reasons why young people go to USA. Thousands of young people want to go to USA either to work or study abroad due to the fact it is such a big country with many opportunities. The main reason however is that parents wants their teenagers to get experience abroad in a foreign country in another culture. That is why going to summer camp in USA is beneficial. They will be working in a foreign country at a very young age and through that gain
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Sweatshops Sweatshops play a major role in third world countries. More than 150 million people work in these sweatshops in developing countries. Most of these sweatshop workers are children between the ages of 5 and 14. Many sweatshops are focused on the manufacturing of clothing. Several of these clothing facilities are located most commonly in Central America‚ South America‚ Asia‚ and parts of Europe. Large companies such as Nike and GAP have been discovered to use sweatshops. Although sweatshop
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