IELTS Speaking Part 3
Globalisation & Integration
Analyzing Economic Growth, Cultural Homogenization, and the Interconnected World
Topic Vocabulary
Liquidity of Capital
(n)
The ease with which assets or investment funds can be converted into cash or moved across borders.
Homogeneous
/ˌhɒm.əˈdʒiː.ni.əs/ (adj)
Consisting of parts or people that are all of the same type; lacking diversity.
Cultural Cohesion
/kəʊˈhiː.ʒən/ (n)
The degree to which different cultures in a society bond together through shared values.
Materialistic
/məˌtɪə.ri.əˈlɪs.tɪk/ (adj)
Believing that having money and possessions is the most important thing in life.
Flow of Comm
(n)
The continuous transfer of information between individuals or corporations worldwide.
Prosperity
/prɒsˈper.ə.ti/ (n)
The state of being successful and having a lot of money; economic well-being.
Unintentionally
/ˌʌn.ɪnˈten.ʃən.əl.i/ (adv)
In a way that is not on purpose; accidentally (referring to disease transfer).
Equality of Opp
(n)
The right of different groups of people to receive the same treatment and chances.
*Click cards to hear pronunciation
Arguments For (Pros)
- Rapid transport for goods/people and liquidity of capital.
- Promotes faster economic growth and global prosperity.
- Increased flow of communication between global corporations.
- Makes nations more homogeneous, promoting equality of opportunity.
- Ties the world together, bringing welfare, peace, and cultural cohesion.
Arguments Against (Cons)
- Destroys local economies and threatens small independent businesses.
- Spreads a materialistic attitude toward life.
- Encourages excessive consumption as the only path to prosperity.
- Higher risk of diseases being transferred unintentionally between nations.
Globalisation Quiz
Question 1
What does “liquidity of capital” enable investors to do?
Question 2
Why is “materialism” listed as an argument AGAINST globalisation?
Discussion Practice (Tự luận)
1. Threat or Opportunity?
“Do you think globalisation is a threat or an opportunity to the nations?”
I believe it is a complex combination of both. As an opportunity, it facilitates economic growth and prosperity by allowing for the liquidity of capital and the rapid exchange of information. However, it poses a threat to social stability by potentially destroying local economies…
2. 21st Century Phenomenon?
“Globalisation is merely the result of modern communications and information technologies. How far do you agree?”
While I agree that modern communications have accelerated the process, I disagree that it is “merely” a 21st-century phenomenon. Trade and migration patterns have tied the world together for centuries. However, the current level of interconnectedness is certainly a product of recent technological innovation…
3. Poverty Reduction
“‘Globalisation plays a key role in reducing poverty across the world.’ Do you agree or disagree?”
I largely agree. Globalisation encourages investment in developing countries, creating millions of job opportunities and providing technical assistance… However, the counter-argument is that it can make the world more unequal if wealth is concentrated in the hands of global elites.
4. International Language
“In what ways does globalisation contribute to an international language?”
Globalisation acts as a powerful catalyst for the adoption of a universal language, primarily English, to facilitate cross-community dialogue. In the worlds of international trade and world media, a common tongue is essential for efficiency. This homogenization of language allows for a seamless flow of communication…
5. Cultural Cohesion vs. Erosion
“Can globalisation weaken cultural cohesion and erode traditional cultures?”
Yes, there is a significant risk that a dominant global culture can weaken the cultural cohesion of local communities. When younger generations prefer global trends over their own customs, the transmission of local heritage is interrupted. The spread of materialistic attitudes often replaces unique spiritual values…
6. Inequality and Globalisation
“‘Globalisation makes the world more unequal.’ To what extent do you agree or disagree?”
I find myself in partial agreement. On a macro level, globalisation promotes equality of opportunity by opening markets. However, in practice, it can exacerbate social injustice. Large corporations often exploit lower wages in developing nations while reaping all the profits…
Tri Duc English
© 2024 Educational Material – Topic 50: Globalisation (Full Suite)
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