Gracie.piper
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#1
Report Thread starter 4 months ago
#1
Hey just wondering if this is a good first economic essay leave me tips below ‘In the Covid-19 crisis, explain the trade-off between saving lives and keeping the economy going’Covid has affected many individuals across the globe however the government ponder on the thought whether saving lives is more important than the economic growth of countries. Before the pandemic started the economy was on a steady slope upwards, investors were ready to give shares and the economy sector was looking positive. But like any other year it depends on how the economy is looking and for the year 2020 the economic market started to plummet. The magnitude of the recession caused by the pandemic is unprecedented in modern times. GDP declined by 9.8% in 2020, the steepest drop since 1948 and the most in over three hundred years on some estimates. The economic position was dependant on multiple areas but the pandemic was uncontrollable in which the government had to adapt and respond to the latest figures.The first recorded covid outbreak started in March 2020 shortly after the world’s economic position was under huge amounts of pressure. Boris Johnson, the UK prime minister issued the first lockdown on the 26th march, causing a correlation between deaths and the World’s economic decrease. This is because citizens weren’t allowed out of their homes causing cities such as London that rely heavily on tourism, to diminish. The lockdown ensured that all UK citizens were protected from the outbreak, which saved many lives because it stopped people encountering and passing on covid however this meant that commuters who used networks such as metro or London underground to stop travelling. A negative impact is that transport income decreased as the number of citizens traveling to and from places was prohibited, this caused peoples jobs in the transport industry to struggle. In addition, travelling abroad was banned causing air transport to stop this caused trading difficult and therefore had an effect in countries economic exporting trade. For example, Nike relies heavily on china for its production, Starbucks had to shut half of its 4,292 stores in China, and Apple has begun a search for alternative suppliers who can make up any production losses.Countries such as China, Uruguay, and Vietnam have managed to contain the virus, others such as Brazil, India, and South Africa continue to grapple with a rise in infections this is because low-income countries have limited savings which can be used to buy protective gear to keep citizens safe however if there are no valuables to trade with other countries, they are vulnerable to an economic shutdown. It also depends on how the country is run for example the UK is a representative democracy which focuses on the needs of the people in society however some countries are suppressive leaving the citizens to suffer whilst the leaders excel. Particularly hit are tourism-dependent countries due to a decline in travel and oil exporters as commodity prices plummeted. With global trade and oil prices projected to drop by more than 10 percent, emerging market economies are likely to face an uphill battle. However due to the Highstreet shops not gaining enough income even large retail companies such as GAP, Debenhams and house of Fraser struggled to keep afloat this is because the shops where guided towards the elderly but due to the pandemic they were the most vulnerable, so the shops were unable to continue development and downsized. Contrastingly supermarkets such as Sainsburys, Waitrose and M
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Taz.
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#2
Report 4 months ago
#2
Hi, some feedback for your introduction is that it is quite long. When it comes to writing essays in exam conditions, you will not be able to write introductions like that, so it's best to start preparing on how to write succinct introductions. Some tips that I would give are:

- Define some key phrases/words in the question (what's your definition/ how will you refer to it in your essay)
- Question some assumptions (is it really a trade-off/ doesn't saving people's lives come first above all)
- Give a mention to some points that you will talk about in your essay
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Gracie.piper
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#3
Report Thread starter 4 months ago
#3
(Original post by Taz.)
Hi, some feedback for your introduction is that it is quite long. When it comes to writing essays in exam conditions, you will not be able to write introductions like that, so it's best to start preparing on how to write succinct introductions. Some tips that I would give are:

- Define some key phrases/words in the question (what's your definition/ how will you refer to it in your essay)
- Question some assumptions (is it really a trade-off/ doesn't saving people's lives come first above all)
- Give a mention to some points that you will talk about in your essay
thank you
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