In some developing countries, people prefer to invest their money in businesses outside their own country. What are the reasons for this? What can governments do to change this trend? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

#countries #people #money #businesses #country #governments #change #trend

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It is an undeniable fact that for a business to be successful, the income must be greater than the outgoings.

Thus

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, some people believe in investing in international businesses rather than supporting local ones.

This

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essay will discuss

this

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viewpoint and what can be done to change it. A profitable business is a successful business. In order to increase profits, it can be prudent to invest in international companies.

For example

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, wealthy investors from

India

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may choose to invest in a company selling lunchboxes in the UK

due to

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the selling price. The same lunchbox that can be sold for Rs. 250 in

India

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is sold for £10 in the UK, making it a four-fold increase in profits. If they chose only to invest in local markets, it would take longer to reach the same profit margin, if at all.

However

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, investing in local businesses has a knock-on effect which is beneficial to the country,

thus

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the government has a role to encourage angel investors to keep their money in circulation in their own country.

For instance

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, the government of

India

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started an initiative called "Made in

India

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" to endorse local companies, encouraging the rich to invest at home. Without changes like

this

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, the number of jobs available to the community would remain low, keeping many in poverty.

To conclude

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, the main reason for investing internationally can be overturned by the government,

thus

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I believe they should use their power to increase profits in their own countries, creating jobs and helping the economy.

Submitted by patelmeera on Sat Jul 13 2024

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task achievement

You have provided a complete response to the task and included relevant ideas and examples. However, expanding on your points with more detail and specifics could strengthen your arguments. For instance, mentioning more government initiatives besides 'Made in India' would offer a fuller picture.

coherence cohesion

To improve coherence and cohesion, consider using more linking phrases and connective words to transition smoothly between paragraphs and ideas. This will enhance the logical flow of your essay.

introduction conclusion present

Your introduction effectively sets the stage for the discussion by clearly stating the issue and what the essay will cover. This helps the reader understand the context from the beginning.

introduction conclusion present

Your conclusion succinctly sums up the main points and provides a clear opinion, which reinforces the arguments made in the essay.

relevant specific examples

You've used relevant and specific examples, such as the 'Made in India' initiative, to support your points, which adds credibility to your arguments.

7
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meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 7.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

253 words

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Topic Vocabulary:

perception of stability
diversify portfolios
political instability
transparency
currency appreciation
economic growth
investor confidence
business-friendly environment
legal framework
tax breaks
grants

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In some developing countries, people prefer to invest their money in businesses outside their own country. What are the reasons for this? What can governments do to change this trend? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

In some countries, owning a home rather than renting one is very important fo people. why might this be the case? Do you think this is a positive or negative situation?

Nowadays,environmental problems are too big to be managed by individual persons or individual countries in other words it is an international problem.To what extend do you agree or disagree

Technology is being used more and more in education. Some people say that this is a positive trend, while others argue that it is leading to negative consequences. Discuss both sides of this argument and then give your own opinion.

Some believe children should be taught to give speeches and presentations in school. Why is this? What other skills do you think it is important to be taught in schools?