People increasingly talk about money. Why is this? Is it a positive or negative development?
Money has become one of the central topics of conversations today. This can be attributed to the development in the news industry and changes in the monetary system. I argue that this is a change for the better as people now have more advanced financial literacy.
Nowadays international newspapers and major global websites share constant updates regarding economies and money. Since this type of news has profound impact on multiple aspects of life, the majority of people now are interested in this topic and ragularly follow the news about it. The Economist and Financial Times, two largest publishers, can be pertinent example in point. The number of their readers have been growing significantly, especially during Covid-19, keeping people updated about financial matters and bringing this topic to their conversations.
Furthermore, there has been several global changes in the monetary world that further exaggerated the topic of money. One of those trends is the boom of cryptocurrency. The indroduction of blockchain and some major cryptocurrencies has been changing the way people approach money as it has now give people the opportunity to trade more freely and conveniently. All of this also played a crucial role in making money a common topic of personal interaction.
In my opinion this is a positive trend. To compare with the past, individuals today have broader knowledge about money matters. More and more people are now interested in learning about different aspects of money, since the systems are becoming more complex and tricky. This, in turn, is encouraging individuals to learn more and improve their financial skills. This has led to widespread of information regarding monetary terms and financial literacy raising the awareness of public and making them immune to financial crimes, such as scams and forgeries, which were commonplace in the past.
In conclusion, money is becoming a main topic of conversations among people because of the progress in the news undustry and the recent alteration of currencies to digital form. I argue that this is a desirable change due to the fact that it motivated people to learn more about financial matters.
The essay is logically organized and the ideas are connected well. However, there are a few areas where the flow of ideas could be improved.
Suggestions
- Try to use a wider range of linking words to connect your ideas.
- Make sure that your conclusion effectively summarizes the points you have made in the essay.
The essay uses a good range of vocabulary and there is evidence of some less common and idiomatic language. However, there are a few instances of awkward or incorrect word choice.
The essay uses a variety of complex structures. However, there are a few grammatical errors and awkward constructions.
The essay addresses the task effectively, providing a clear position throughout the response. However, the argument could be more fully developed in places.
Suggestions
- Try to provide more detailed explanations and examples to support your arguments.