English Explained Simply

Topic addressed: summary of the text in 200 words (minimum 180 words and maximum 220 words). Indicate the number of words at the bottom of the page.   This text, written by Gustave ELLA-MENYE on January 13, examines, through its nine paragraphs, the relevance of the market economy in the face of the rise of protectionism and state policies . It recalls that developed countries prospered thanks to free trade , with minimal state intervention and competition based on price on quality. (52 words) However, globalization has disrupted this model, contributing to mass unemployment , as companies prioritize profits, relocate production, and abandon unprofitable sectors. This situation has fuelled popular discontent and pressure for protectionism. (30 words) The author acknowledges farmers' concerns about unfair competition from countries with less stringent environmental, social, and regulatory standards, allowing for lower-cost production. (23 words) Nevertheless, he argues that aban...

Is the market economy still the panacea it once was or has it become obsolete with the new type of state-controlled economy that many governments are imposing on international agreements in the name of protectionism as the US administration has recently decided? The economic model that once enriched developed countries was precisely the free-trade economy , based on the quality and price of products as well as their diversity, and of course, on the price-quality ratio. Governments allowed their economic actors to conduct their activities under the control of trade regulations, without interfering in their affairs. The situation has, however, evolved with mass unemployment , which is rampant almost everywhere, a consequence of globalization . This globalization pushes shareholders to seek profit at all costs, incentivizing them to divest unprofitable branches of their companies in order to maximise their gains. Faced with growing popular discontent, often fuelled by unemployment due...

I offer you the first part of some commonly used business expressions that you should learn by heart depending on your priorities. Happy reading! 1) A business loan        =      money gotten from a bank 2) A focus group        =      a bunch of people for market analysis 3) A huge marketing campaign        =      a massive publicity 4) A job benefit      =      an advantage related to the job 5) A lot of cold calling      =      to call unaware of the called party 6) A recruitment drive      =      a recruitment campaign 7) A shop is up for lease      =      ready to be rented anew 8) A sizeable raise      =      an important salary increase 9) Accounts receivable      =      money to be paid ...