WORLD`S ECONOMY

Everyone thinks they know what economics is, but they don't know which the real definition of
economy is. For me, the economy is the money of a country. But the real definition of economy is
the study of the production and consumption of goods and the transfer of wealth to produce and
obtain those goods.
There are some cities in where there are a lot of millionaires. In Monaco the 29.12% of people that
live over there are millionaires, this means that they each of the millionaires have actions of one
million dollars without counting their home ??. The second city is Zurich. (I get your point, but this
is starting to sound repetitive and boring!)This is the biggest city in Switzerland, the with 27.34% of
the population are millionaires. In this city lives one of the most famous millionaires, Ingvar
Kamprad, which is the boss of IKEA. The third city is Ginevra, another principal city of Switzerland,
with 17.92% of millionaires. The fourth city is New York, one of the cities that is known as the city
that never sleeps. The 8.3% of the population is millionaire. The fifth city is Frankfurt, this city is
one of the most famous of Germany and the major financial center of the continent. The 3.88% of
the population are millionaire. The last city, and the sixth one is London, England`s capital, the city
of the Buckingham Kings, William Arthur Philip Louis Windsor and princess Kate Middleton. The
3.39% of the population are millionaires.
Not everything in the world is nice, when there are some people swimming in money, there are
some others that would do anything to get money. The poorest city in the world is Zambia. The
86% of the population of this city if are very poor, and does not have anything. The second poorest
city is Zimbawe with 80% of the population living in poverty a poor situation. All the problems of this
city began in 1998 and 2002 in because of a war in the Democratic Republic. The third poorest city
is Chad with the 80% of a poor situation. The fourth city s Moldova with an 80% and the fifth city is
Haiti with 80%. (you need to try and use different ways of saying things, a poor situation is not a
great way of describing it and you use it twice)
Maybe when you were little and had two dollars you would usually presume those two dollars??
and you would think you were the riches person in the world. Here are the five richest people in the
world. In first place is Carlos Slim who is a Mexican manwith more than 77.100 millions of dollars.
The second riches person in the world is Bill Gates who was the one that invented the software
giant Microsoft. He has a fortune of 79.2 million dollars. The third richest person in the world is
Amancio Ortega Gaona, he is a Spanish fashion executive and founding chairman of the Inditex
fashion group with 57 million dollars. The fourth riches person is Warren Buffett with 53.5 million
dollars, and the fifth riches person in the world is Larry Ellison with 43 million dollars.
Most of the people thinks that economy is very boring, but there are some fun facts about
economy. 1. Did you know that the 8% of the people receive the 50% of the world's economy?
2. For the first time in history, the number of millionaires in Asia has pass the number of millionaires
in the United Sates.
3. One of every 7 crimes in New York, involves has to be of an Apple product.
Economics is a very dangerous science.
-John Maynard Keynes

Natalia Camelo 8B
Ok, Natalia you have made a good start, but this needs a lot of work. It is very repetitive, and that
makes it a little boring. It reads like a list of facts. I would also like to see the links for the sites that
you took this information from, because I also think that some of this has been plagiarized. As such
we will need to discuss this before I give you a proper grade.
Area
Task Response

high
fully addresses all parts of the task
presents a fully developed position in
answer to the question with relevant, fully
extended and well supported ideas

Coherence and
Cohesion

uses cohesion in such a way that it

attracts no attention
skilfully manages paragraphing
uses a wide range of vocabulary
with very natural and
sophisticated control of lexical
features; rare minor errors occur
only as slips

Lexical Resource

Grammatical Range uses a wide range of structures with

and Accuracy
full flexibility and accuracy; rare minor
errors occur only as slips
Formatting
Emails have name, class, and title in
subject line.
Essay has a title, name, and class.
Other formatting guidelines are followed.
Paragraphs
Student uses paragraph structures.
Forming them correctly based around
subject
Capitalization and
Student uses both competently and
punctuation.
fluidly.

low
barely responds to the
20-0
task
does not express a
position
may attempt to present
one or two ideas
but there is no
development
has very little control of 20-0
organizational
features
uses an extremely limited 20-0
range
of vocabulary; essentially
no
control of word formation
and/or
spelling
cannot use sentence
20-0
forms except in
memorized phrases
Student fails to use
10
formatting

Grade
13

Student fails to use any

form.

Student fails to use any. 5

doesnt use sentence
structure

100-0

15
13

15
10

total
76