musicqueen360
22.03.2020 •
English
PLEASE HELP!
Passage 1
from Address to the Nation on the Economy, 1981
by Ronald Reagan
And finally there are 7 million Americans caught up in the personal indignity and human tragedy of unemployment. If they stood in a line, allowing 3 feet for each person, the line would reach from the coast of Maine to California.
Well, so much for the audit itself. Let me try to put this in personal terms. Here is a dollar such as you earned, spent, or saved in 1960. And here is a quarter, a dime, and a penny—36 cents. That's what this 1960 dollar is worth today. And if the present world inflation rate should continue 3 more years, that dollar of 1960 will be worth a quarter. What initiative is there to save? And if we don't save we're short of the investment capital needed for business and industry expansion. Workers in Japan and West Germany save several times the percentage of their income than Americans do.
What's happened to that American dream of owning a home? Only 10 years ago a family could buy a home, and the monthly payment averaged little more than a quarter—27 cents out of each dollar earned. Today, it takes 42 cents out of every dollar of income. So, fewer than 1 out of 11 families can afford to buy their first new home.
Regulations adopted by government with the best of intentions have added $666 to the cost of an automobile. It is estimated that altogether regulations of every kind, on shopkeepers, farmers, and major industries, add $100 billion or more to the cost of the goods and services we buy. And then another 20 billion is spent by government handling the paperwork created by those regulations.
Passage 2
from Address to the Nation on the Economic Crisis, 2008
by George W. Bush
This large influx of money to U.S. banks and financial institutions, along with low interest rates, made it easier for Americans to get credit. These developments allowed more families to borrow money for cars, and homes, and college tuition, some for the first time. They allowed more entrepreneurs to get loans to start new businesses and create jobs.
Unfortunately, there were also some serious negative consequences, particularly in the housing market. Easy credit, combined with the faulty assumption that home values would continue to rise, led to excesses and bad decisions.
Many mortgage lenders approved loans for borrowers without carefully examining their ability to pay. Many borrowers took out loans larger than they could afford, assuming that they could sell or refinance their homes at a higher price later on.
Optimism about housing values also led to a boom in home construction. Eventually, the number of new houses exceeded the number of people willing to buy them. And with supply exceeding demand, housing prices fell, and this created a problem.
Borrowers with adjustable-rate mortgages, who had been planning to sell or refinance their homes at a higher price, were stuck with homes worth less than expected, along with mortgage payments they could not afford.
As a result, many mortgage-holders began to default. These widespread defaults had effects far beyond the housing market.
2
Select the correct answer.
What conclusion can the reader draw from both texts?
A.
The speech made by Ronald Reagan directly forecasted the market problems that occurred in 2008.
B.
Economic instability is a subjective idea that must be reassessed by multiple experts.
C.
The economy's stability is not necessarily reflected in one's ability to purchase material goods.
D.
Economic problems are often a result of poor spending habits on the part of businesses.
Solved
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Ответ:
The conclusion that can be drawn from both the text is:
“Economic problems are often a result of poor spending habits on the part of businesses”.
Explanation:
The speech's was given by Ronald Reagan and by George Bush, both focus on how the spending patterns, both in different times, one in 1981 and the other in 2008 respectively, were the problematic issue that had given the economy a sudden downward dive.
Ronald Reagan’s speech focused on how the value of the dollar had decreased due to poor savings and rapid spending, and George Bush’s speech focused on how poor loan giving without checking for proper credibility had shaken the economy.
Both these speeches focused on how faulty spending had led to economic problems.
Ответ:
The Broken Chain and Fish Cheeks both share the same story, and that’s the story of belonging. Both these literary works have a theme of "belonging" in the sense that it is interpreted differently.
Explanation:
In the Broken chain, people have to learn to love and appreciate other people, while in Fish Cheeks speaks about people who like their culture. In both stories, the physical appearance is very important fo the characters, as they are trying to change the looks to make people like them.
The characters want to change themselves n order to please people. However, the belonging will not happen if you change the physical looks. In these literary works, everyone has something in common, no matter how they look, and that everyone should be treated nicely. The person shouldn’t follow the rules blindly, because that way the person is losing himself and his integrity.