B3 Unit 7 Economy Power behind everyday life.ppt

1、Objectives,Cultural Notes,What is economic crisis?,An economic crisis refers to a situation in which the economy of country experiences a sudden downturn brought on by a financial crisis. An economy facing an economic crisis will most likely experience a falling GDP, a drying up of liquidity(流動性萎縮)

2、and rising/falling prices due to inflation or deflation. An economic crisis can take the form of a recession or depression.,What triggered US subprime mortgage crisis?,A national banking emergency; A large decline in home prices; Declines in residential investment; Reductions in household spending a

3、nd business investment; Mortgage delinquencies （拖欠）and foreclosures（取消抵押品贖回權(quán)）; The devaluation of housing-related securities（有價證券）.,How does economic recession affect ordinary people?,This narrative essay, using the example of Sue, is going to depict the severe impact that the economic crisis exerte

4、d on ordinary working-class people.,Global Reading,1. What was the consequence when large numbers of homeowners failed to repay their loans? 2. What were “99ers”? 3. What did the unemployment benefits mean to the layoffs? 4. Which aspect of Sues life was affected by the economic crisis?,5. Why did S

5、ue think the only help she was going to get was from herself? 6. What new struggles and obstacles did Sue have to face when she applied for a job? 7. Do you think Sues life will be better and better after her receiving $300 cash from her old friend? Why?,Structure,Introduction (Para.1) Many People e

6、xperienced long months of struggles when the economic slump swept across the nation.,Body (Para.2-17) The Economic crisis brought about disastrous effects on Sues life.,Para2-6: The Beginning,Para7-13: Every Aspects of life,Para14-16: Endeavor to fight,Para 17: Conclusion,Text StudyPart ,Reading Com

7、prehension,1. What was the consequence when large numbers of homeowners failed to repay their loans? The companies that had the oversight and those that owned the loans (as well as their subsidiaries and their shareholders) lost sizable amounts of money, which will soon spiraled into the US job mark

8、et as layoffs and termination. Many people experienced long months of struggles.,Language Focuses,Paraphrase: “The economic slump so many people suffered through originate in the United States, with a regulatory failure of mortgates rated less risky than they turned out to be. (Para. 1) The economic

9、 decline first occurred in the US. The authorities did not properly evaluate the risk of mortgages, which proved to be far more serious than expected. But they failed to take effective measures to regulate the mortgages, and a large number of people were severely affected.,Paraphrase: “The effects o

10、f these drastic losses soon spiraled into the US job market as layoffs and terminations.” (Para.1) The drastic losses soon seriously affected the US job marketmany people lost their jobs and became unemployed.,Introduction about the great impact caused by the economic crisis,Many people experienced

11、long months of struggles when the economic slump swept across the nation.,Sum-up,Text StudyPart ,Body (Para.2-17) The Economic crisis brought about disastrous effects on Sues life.,Para2-6: The Beginning,Para7-13: Every Aspects of life,Para14-16: Endeavor to fight,Para 17: Conclusion,Para2-6:,Readin

12、g Comprehension,2. What were “99ers”? They were jobless people who were no longer allowed to claim unemployment insurance benefits which they could only receive for 99 weeks.,3. What did the unemployment benefits mean to the layoffs?,Although the unemployment benefits were small in amount, they help

13、ed jobless people to survive and to keep their life going.,Language Focuses,Paraphrase: “Long-term unemployment was at record levels” (Para.5) The total number of people who didnt have jobs for a long period of time reached the highest level.,Where is she going?,Sue packed up and drove out of town.,

14、She wound up at a motel.,Sum-up,Sue faced life as migrant after being evicted from her apartment.,Para. 2,Para. 3,The cause of her present life- the exhaustion of her unemployment benefits.,Sue was a “99er”.,Unemployment benefits were her lifeline.,She began to tumble over the economic cliff.,Para.

15、4,Para. 5,Para. 6,More,Para7-13:,Reading Comprehension,4. Which aspect of Sues life was affected by the economic crisis?,her income her living standard her education opportunity her accommodation/shelter her belief and confidence in life her self-esteem.,Language Focuses,Whats the tone of the senten

16、ce “Sue would have been evicted from her two-bedroom apartmentthe process was delayed by paperwork and bureaucracy.” (Para.10) Its both helpless and sarcastic. On one hand, in her helpless condition after losing her corporate job, Sue was lucky that her eviction from her apartment was delayed, which

17、 enabled her to stay there a little longer. On the other hand, the fact that she could still living in the apartment without paying rent suggests sarcasm of the efficiency of the bureaucracy. The use of “should have done” and “thankfully” is ironic in the tone.,What does it mean “Sue even considered

18、 turning the steering wheel of her car into a tree and ending her life story there.” (Para.11) Sue even thought of bumping her car against a tree and killing herself right there. This implies that Sue had nearly lost her hope for life.,Why do you think that “none of her three adult sons were in a po

19、sition to help her(Sue)”? (Para.13) Because her three adult sons might also be severely affected by this economic slump that swept across the nation and they may also get into financial difficulties.,Belief and confidence,Shelter,Education,Living standard,How the economic crisis affected Sues life.,

20、Income,Self-esteem,Sum-up,Para14-16:,5. Why did Sue think the only help she was going to get was from herself?,She couldnt receive effective support from the government and social organizations. Furthermore, what she needed was far beyond what her friends could offer and her sons were also not in a

21、position to help her. So, she could only rely on herself.,Reading Comprehension,6. What new struggles and obstacles did Sue have to face when she applied for a job? She had to deal with new difficulties like what to do for an address for job applications, and worried that calls would not reach her b

22、ecause her cell phone was cut off for non-payment.,What does it imply “Sues days were spent surfing Internet job index, applying for jobs where the silent No. No. No. gave way to a feeling of helplessness”? (Para. 15) She had made every endeavor to fight against the reality, hoping to find a job and

23、 live on her own. But the reality was so harsh that it destroyed her hope.,Language Focuses,Why is the “address” an obstacle for her to deal with for job applications? (Para.16) Because as we know, she was evicted from her apartment, and has no regular place to live. But in job application, one has

24、to leave his/her address with the company, which is a problem for her because she had lost her shelter and didnt know where she would be for the next moment.,Sum-up,Sue struggled to fight the harsh reality.,Para. 14,She decided to live on her own.,Para. 15,Her endeavor to fight against the harsh rea

25、lity gave way to helplessness.,Para. 16,She had all new struggles and obstacles to deal with.,Para17:,7. Do you think Sues life will be better and better after her receiving $300 cash from her old friend? Why?,No. There is no doubt that this was the only hope in her difficult situation, but it was j

26、ust a temporary remedy. She couldnt live on that kind of hope very long and her future might be even more brutal.,Reading Comprehension,Conclusion of Sues Story,She needed to continue her struggle for a living.,Sum-up,Sue faced life as a migrant because her unemployment benefits had expired. (Paras.

27、 2-6),The economic crisis affected every aspect of her life. (Paras. 7-13),Sue struggled to fight the harsh reality. (Paras. 14-16),Sue needed to continue her struggle for a living. (Para. 17),Summary of the Whole,To extend the period of unemployment insurance benefits for people; To create job oppo

28、rtunities to help them with employment.,What initiatives should the government undertake to save people like Sue form feeling despaired?,Critical Thinking,1) protect the environment; 2) help people who may be too young, too old, too ill or otherwise unable; 3) maintain economic stability.,Which do y

29、ou think is important for the government to regulate economic activities?,Since free market economy is driven by individual innovation and the notion that hard work and creativity will be rewarded by success, we should strive to do our best to make more valuable creation.,Which do you think is impor

30、tant for the government to allow the market complete freedom?,When using the writing the technique for cause and effect, we have to consider two strategic points: Whether we are exploring causes or effects or both; What is the order of the causes or effects we are going to follow, e.g. from the leas

31、t to the most important or vice versa.,Structured Writing,Further develop a cause-and-effect essay,The Purpose of cause-and-effect essays To explain to readers: the cause of an event or situation; the effects of an event or situation; both causes and effects.,What should we focus on when writing thi

32、s type of essay? The type of essay we write depends on our topic and main point. If we want to explain why we moved out of our family home, our essay would focus on causes. If we want to tell readers the impact a person had on our life, our essay would focus on effects. In this unit, wed like to dra

33、w students attention to effects.,Lets look at Paragraph 1 & Paragraphs 7-13 of Text A to see how cause-and-effect method is used to develop ideas:,Paragraph I is the introduction of the passage, serving as the root cause why so many people experienced long months of struggles when economic slump swept across the nation.,Cause,Analysis of the text,Her loss of income. (Para.7),Effects,Her loss of high living standard. (Para.8),Her unfini