"As individuals, people save too little and borrow too much"
From your perspective, how accurate is the view expressed above? In your discussion, be sure to consider the conditions under which it is appropriate to save money and the conditions under which it is appropriate to borrow.
In the developed world the majority of people are becoming ever more materialistic resorting to over consumption in order to satisfy their illusive needs imposed by our money driven society. It is this clear why people, as individuals, borrow too much and save too little. If we take a look at the current financial crisis we can see that most people owe a great deal of money to various lenders, either banks of private lenders, the so called loan sharks.
First of all, there are two primary motivations associated with money borrowing. One is practical necessity, in other words building your fi...
- Fossil evidence indicates that the blompus-an extremely large, carnivorous land mammal-inhabited the continent of Pentagoria for tens of thousands of years until its sudden decline and ultimate extinction about twelve thousand years ago. Scientists have d 40
- Knowing about the past cannot help people to make important decisions today.Write a response in which you discuss the extent to which you agree or disagree with the statement and explain your reasoning for the position you take. In developing and supporti 70
- The following appeared in a report presented for discussion at a meeting of the directors of a company that manufactures parts for heavy machinery:“The falling revenues that the company is experiencing coincide with delays in manufacturing. These delays, 80
- The following appeared in a memorandum from the Director of the Human Resources to the executive officers of Company X Last year we surveyed our employees on improvements needed at Company X by having them rank in order of importance the issues presented 80
- "In an airline company nine out of the one thousand of its customers sent complaints about baggage handling. Therefore, the overwhelming majority feels fine about it, so there is no need to review the procedure of baggage handling." 90
Attribute Value Ideal
Score: 5.5 out of 6
Category: Excellent Excellent
No. of Grammatical Errors: 0 2
No. of Spelling Errors: 0 2
No. of Sentences: 24 15
No. of Words: 629 350
No. of Characters: 3129 1500
No. of Different Words: 333 200
Fourth Root of Number of Words: 5.008 4.7
Average Word Length: 4.975 4.6
Word Length SD: 2.633 2.4
No. of Words greater than 5 chars: 235 100
No. of Words greater than 6 chars: 158 80
No. of Words greater than 7 chars: 114 40
No. of Words greater than 8 chars: 74 20
Use of Passive Voice (%): 0 0
Avg. Sentence Length: 26.208 21.0
Sentence Length SD: 11.045 7.5
Use of Discourse Markers (%): 0.583 0.12
Sentence-Text Coherence: 0.277 0.35
Sentence-Para Coherence: 0.474 0.50
Sentence-Sentence Coherence: 0.097 0.07
Number of Paragraphs: 5 5