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SurvivinganeconomiccrisisUnit7SectionASurvivinganeconomiccrisisUnObjectivesTotalkabouteconomiccrisisTofurtherunderstandthetextToapplythephrasesandpatternsTomastertheessaywritingskillObjectivesTotalkaboutecon

CulturalNotesWhatiseconomiccrisis?Aneconomiccrisisreferstoasituationinwhichtheeconomyofcountryexperiencesasuddendownturnbroughtonbyafinancialcrisis.AneconomyfacinganeconomiccrisiswillmostlikelyexperienceafallingGDP,adryingupofliquidity(流动性萎缩)andrising/fallingpricesduetoinflationordeflation.Aneconomiccrisiscantaketheformofarecessionordepression.CulturalNotesWhatiseconWhattriggeredUSsubprimemortgagecrisis?Anationalbankingemergency;Alargedeclineinhomeprices;Declinesinresidentialinvestment;Reductionsinhouseholdspendingandbusinessinvestment;Mortgagedelinquencies(拖欠)andforeclosures(取消抵押品赎回权);Thedevaluationofhousing-relatedsecurities(有价证券).WhattriggeredUSsubprimeAHowdoeseconomicrecessionaffectordinarypeople?Thisnarrativeessay,usingtheexampleofSue,isgoingtodepictthesevereimpactthattheeconomiccrisisexertedonordinaryworking-classpeople.Howdoeseconomicrecessionaf

GlobalReading1.Whatwastheconsequencewhenlargenumbersofhomeownersfailedtorepaytheirloans?

2.Whatwere“99ers”?3.Whatdidtheunemploymentbenefitsmeantothelayoffs?4.WhichaspectofSue’slifewasaffectedbytheeconomiccrisis?GlobalReading1.Whatwast5.WhydidSuethinktheonlyhelpshewasgoingtogetwasfromherself?6.WhatnewstrugglesandobstaclesdidSuehavetofacewhensheappliedforajob?7.DoyouthinkSue’slifewillbebetterandbetterafterherreceiving$300cashfromheroldfriend?Why?5.WhydidSuethinktheonlyStructureIntroduction(Para.1)ManyPeopleexperiencedlongmonthsofstruggleswhentheeconomicslumpsweptacrossthenation.Body(Para.2-17)TheEconomiccrisisbroughtaboutdisastrouseffectsonSue’slife.Para2-6:TheBeginningPara7-13:EveryAspectsoflifePara14-16:EndeavortofightPara17:ConclusionStructureIntroduction(Para.1)

TextStudy—PartⅠReadingComprehension1.Whatwastheconsequencewhenlargenumbersofhomeownersfailedtorepaytheirloans?

Thecompaniesthathadtheoversightandthosethatownedtheloans(aswellastheirsubsidiariesandtheirshareholders)lostsizableamountsofmoney,whichwillsoonspiraledintotheUSjobmarketaslayoffsandtermination.Manypeopleexperiencedlongmonthsofstruggles.TextStudy—PartⅠReadingCoLanguageFocusesParaphrase:“TheeconomicslumpsomanypeoplesufferedthroughoriginateintheUnitedStates,witharegulatoryfailureofmortgatesratedlessriskythantheyturnedouttobe.(Para.1)TheeconomicdeclinefirstoccurredintheUS.Theauthoritiesdidnotproperlyevaluatetheriskofmortgages,whichprovedtobefarmoreseriousthanexpected.Buttheyfailedtotakeeffectivemeasurestoregulatethemortgages,andalargenumberofpeoplewereseverelyaffected.LanguageFocusesParaphrase:“Paraphrase:“TheeffectsofthesedrasticlossessoonspiraledintotheUSjobmarketaslayoffsandterminations.”(Para.1)ThedrasticlossessoonseriouslyaffectedtheUSjobmarket—manypeoplelosttheirjobsandbecameunemployed.Paraphrase:“TheeffectsoftIntroductionaboutthegreatimpactcausedbytheeconomiccrisisManypeopleexperiencedlongmonthsofstruggleswhentheeconomicslumpsweptacrossthenation.Sum-upIntroductionaboutthegreat

TextStudy—PartⅡBody(Para.2-17)TheEconomiccrisisbroughtaboutdisastrouseffectsonSue’slife.Para2-6:TheBeginningPara7-13:EveryAspectsoflifePara14-16:EndeavortofightPara17:ConclusionTextStudy—PartⅡBody(ParaPara2-6:ReadingComprehension2.Whatwere“99ers”?

Theywerejoblesspeoplewhowerenolongerallowedtoclaimunemploymentinsurancebenefitswhichtheycouldonlyreceivefor99weeks.3.Whatdidtheunemploymentbenefitsmeantothelayoffs?Althoughtheunemploymentbenefitsweresmallinamount,theyhelpedjoblesspeopletosurviveandtokeeptheirlifegoing.Para2-6:ReadingComprehension2LanguageFocusesParaphrase:“Long-termunemploymentwasatrecordlevels”(Para.5)Thetotalnumberofpeoplewhodidn’thavejobsforalongperiodoftimereachedthehighestlevel.LanguageFocusesParaphrase:“Whereisshegoing?Suepackedupanddroveoutoftown.

Shewoundupatamotel.Sum-upSuefacedlifeasmigrantafterbeingevictedfromherapartment.Para.2Para.3Whereisshegoing?SuepackedThecauseofherpresentlife--theexhaustionofherunemploymentbenefits.Suewasa“99er”.Unemploymentbenefitswereherlifeline.

Shebegantotumbleovertheeconomiccliff.Para.4Para.5Para.6MoreThecauseofherpresentlife-Para7-13:ReadingComprehension4.WhichaspectofSue’slifewasaffectedbytheeconomiccrisis?herincomeherlivingstandardhereducationopportunityheraccommodation/shelterherbeliefandconfidenceinlifeherself-esteem.Para7-13:ReadingComprehensionLanguageFocuses

What’sthetoneofthesentence“Suewouldhavebeenevictedfromhertwo-bedroomapartment…theprocesswasdelayedbypaperworkandbureaucracy.”(Para.10)It’sbothhelplessandsarcastic.Ononehand,inherhelplessconditionafterlosinghercorporatejob,Suewasluckythatherevictionfromherapartmentwasdelayed,whichenabledhertostaytherealittlelonger.Ontheotherhand,thefactthatshecouldstilllivingintheapartmentwithoutpayingrentsuggestssarcasmoftheefficiencyofthebureaucracy.Theuseof“shouldhavedone”and“thankfully”isironicinthetone.LanguageFocusesWhat’stheto

Whatdoesitmean

“Sueevenconsideredturningthesteeringwheelofhercarintoatreeandendingherlifestorythere.”(Para.11)Sueeventhoughtofbumpinghercaragainstatreeandkillingherselfrightthere.

ThisimpliesthatSuehadnearlylostherhopeforlife.Whatdoesitmean“SueevencWhydoyouthinkthat“noneofherthreeadultsonswereinapositiontohelpher(Sue)”?(Para.13)Becauseherthreeadultsonsmightalsobeseverelyaffectedbythiseconomicslumpthatsweptacrossthenationandtheymayalsogetintofinancialdifficulties.Whydoyouthinkthat“noneoBeliefandconfidenceShelterEducationLivingstandardHowtheeconomiccrisisaffectedSue’slife.IncomeEveryaspectofherlifeSelf-esteem

EveryaspectofherlifeSum-upBeliefandconfidenceShelterPara14-16:5.WhydidSuethinktheonlyhelpshewasgoingtogetwasfromherself?Shecouldn’treceiveeffectivesupportfromthegovernmentandsocialorganizations.Furthermore,whatsheneededwasfarbeyondwhatherfriendscouldofferandhersonswerealsonotinapositiontohelpher.So,shecouldonlyrelyonherself.ReadingComprehensionPara14-16:5.WhydidSuethink6.WhatnewstrugglesandobstaclesdidSuehavetofacewhensheappliedforajob?Shehadtodealwithnewdifficultieslikewhattodoforanaddressforjobapplications,andworriedthatcallswouldnotreachherbecausehercellphonewascutofffornon-payment.6.WhatnewstrugglesandobstWhatdoesitimply“Sue’sdayswerespentsurfingInternetjobindex,applyingforjobswherethesilent‘No.’‘No.’‘No.’gavewaytoafeelingofhelplessness”?(Para.15)Shehadmadeeveryendeavortofightagainstthereality,hopingtofindajobandliveonherown.Buttherealitywassoharshthatitdestroyedherhope.LanguageFocusesWhatdoesitimply“Sue’sdaysWhyisthe“address”anobstacleforhertodealwithforjobapplications?(Para.16)

Becauseasweknow,shewasevictedfromherapartment,andhasnoregularplacetolive.Butinjobapplication,onehastoleavehis/heraddresswiththecompany,whichisaproblemforherbecauseshehadlosthershelteranddidn’tknowwhereshewouldbeforthenextmoment.Whyisthe“address”anobstacSum-upSuestruggledtofighttheharshreality.Para.14Shedecidedtoliveonherown.Para.15Herendeavortofightagainsttheharshrealitygavewaytohelplessness.Para.16Shehadallnewstrugglesandobstaclestodealwith.Sum-upSuestruggledtofighttPara17:7.DoyouthinkSue’slifewillbebetterandbetterafterherreceiving$300cashfromheroldfriend?Why?No.Thereisnodoubtthatthiswastheonlyhopeinherdifficultsituation,butitwasjustatemporaryremedy.Shecouldn’tliveonthatkindofhopeverylongandherfuturemightbeevenmorebrutal.ReadingComprehensionPara17:7.DoyouthinkSue’slConclusionofSue’sStorySheneededtocontinueherstruggleforaliving.Sum-upConclusionofSue’sStoryShenIntroductionaboutthegreatimpactcausedbytheeconomiccrisis(Para.1)Body—theeconomiccrisisbroughtaboutdisastrouseffectsonSue’slife(Para.2-17)Suefacedlifeasamigrantbecauseherunemploymentbenefitshadexpired.(Paras.2-6)Theeconomiccrisisaffectedeveryaspectofherlife.(Paras.7-13)Suestruggledtofighttheharshreality.(Paras.14-16)Sueneededtocontinueherstruggleforaliving.(Para.17)

SummaryoftheWholeIntroductionaboutthegreatToextendtheperiodofunemploymentinsurancebenefitsforpeople;Tocreatejobopportunitiestohelpthemwithemployment.

WhatinitiativesshouldthegovernmentundertaketosavepeoplelikeSueformfeelingdespaired?

CriticalThinkingToextendtheperiodofunempl1)protecttheenvironment;2)helppeoplewhomaybetooyoung,tooold,tooillorotherwiseunable;3)maintaineconomicstability.Whichdoyouthinkisimportantforthegovernmenttoregulateeconomicactivities?1)protecttheenvironment;WhSincefreemarketeconomyisdrivenbyindividualinnovationandthenotionthathardworkandcreativitywillberewardedbysuccess,weshouldstrivetodoourbesttomakemorevaluablecreation.Whichdoyouthinkisimportantforthegovernmenttoallowthemarketcompletefreedom?SincefreemarketeconomyWhenusingthewritingthetechniqueforcauseandeffect,wehavetoconsidertwostrategicpoints:Whetherweareexploringcausesoreffectsorboth;Whatistheorderofthecausesoreffectswearegoingtofollow,e.g.fromtheleasttothemostimportantorviceversa.

StructuredWritingFurtherdevelopacause-and-effectessayWhenusingthewritingthetecThePurposeofcause-and-effectessaysToexplaintoreaders:thecauseofaneventorsituation;theeffectsofaneventorsituation;bothcausesandeffects.ThePurposeofcause-and-effecWhatshouldwefocusonwhenwritingthistypeofessay?

Thetypeofessaywewritedependsonourtopicandmainpoint.Ifwewanttoexplainwhywemovedoutofourfamilyhome,ouressaywouldfocusoncauses.Ifwewanttotellreaderstheimpactapersonhadonourlife,ouressaywouldfocusoneffects.Inthisunit,we’dliketodrawstudents’attentiontoeffects.Whatshouldwefocusonwhenw

Let’slookatParagraph1&Paragraphs7-13ofTextAtoseehowcause-and-effectmethodisusedtodevelopideas:Let’slookatParagraParagraphIistheintroductionofthepassage,servingastherootcausewhysomanypeopleexperiencedlongmonthsofstruggleswheneconomicslumpsweptacrossthenation.CauseAnalysisofthetextHerlossofincome.(Para.7)EffectsHerlossofhighlivingstandard.(Para.8)Herunfinishededucation.(Para.9)Herlossofshelter.(Para.10)Herlossofbeliefandconfidenceinlife.(Para.11)Herlossofself-esteem.(Paras.12-13)ParagraphIistheintroductioTopic:TheeffectsofgettingmarriedincollegeIntroduction:Thesisstatement:Gettingmarriedincollegewillbringaboutdramaticharmfuleffectsonstudents’development.Body:Effect1:Maintainingamarriagewoulddonothingbutdisturbstudents’pursuitofeducation.Effect2:Supposingafamilyissurelyaheavyeconomicburdentobothstudentsandtheirparents.Effect3:Raisingachildmaybedifficultforyoungparents.Conclusion:Collegestudentsaresupposedtoachieveacademicsuccess,sotheyshouldnotmarryyoung.WritingpracticeTopic:TheeffectsofgettinUsefulExpressions.taketimeandcommitmentstrikeabalancebetweenstudyandfamilyyieldnegativeconsequenceontheirfuturecareerandlifebenotfinanciallyindependentbepsychologicallyimmaturetosomeextentbebeyondtheircapabilitytohandlehavecatastrophiceffectsontheirchildren’sgrowthanddevelopmentUsefulExpressions.taketimeaMoretopics:TheeffectsofpeerpressureTheeffectsofexcessivepackingofproductsMoretopics:SurvivinganeconomiccrisisUnit7SectionASurvivinganeconomiccrisisUnObjectivesTotalkabouteconomiccrisisTofurtherunderstandthetextToapplythephrasesandpatternsTomastertheessaywritingskillObjectivesTotalkaboutecon

CulturalNotesWhatiseconomiccrisis?Aneconomiccrisisreferstoasituationinwhichtheeconomyofcountryexperiencesasuddendownturnbroughtonbyafinancialcrisis.AneconomyfacinganeconomiccrisiswillmostlikelyexperienceafallingGDP,adryingupofliquidity(流动性萎缩)andrising/fallingpricesduetoinflationordeflation.Aneconomiccrisiscantaketheformofarecessionordepression.CulturalNotesWhatiseconWhattriggeredUSsubprimemortgagecrisis?Anationalbankingemergency;Alargedeclineinhomeprices;Declinesinresidentialinvestment;Reductionsinhouseholdspendingandbusinessinvestment;Mortgagedelinquencies(拖欠)andforeclosures(取消抵押品赎回权);Thedevaluationofhousing-relatedsecurities(有价证券).WhattriggeredUSsubprimeAHowdoeseconomicrecessionaffectordinarypeople?Thisnarrativeessay,usingtheexampleofSue,isgoingtodepictthesevereimpactthattheeconomiccrisisexertedonordinaryworking-classpeople.Howdoeseconomicrecessionaf

GlobalReading1.Whatwastheconsequencewhenlargenumbersofhomeownersfailedtorepaytheirloans?

2.Whatwere“99ers”?3.Whatdidtheunemploymentbenefitsmeantothelayoffs?4.WhichaspectofSue’slifewasaffectedbytheeconomiccrisis?GlobalReading1.Whatwast5.WhydidSuethinktheonlyhelpshewasgoingtogetwasfromherself?6.WhatnewstrugglesandobstaclesdidSuehavetofacewhensheappliedforajob?7.DoyouthinkSue’slifewillbebetterandbetterafterherreceiving$300cashfromheroldfriend?Why?5.WhydidSuethinktheonlyStructureIntroduction(Para.1)ManyPeopleexperiencedlongmonthsofstruggleswhentheeconomicslumpsweptacrossthenation.Body(Para.2-17)TheEconomiccrisisbroughtaboutdisastrouseffectsonSue’slife.Para2-6:TheBeginningPara7-13:EveryAspectsoflifePara14-16:EndeavortofightPara17:ConclusionStructureIntroduction(Para.1)

TextStudy—PartⅠReadingComprehension1.Whatwastheconsequencewhenlargenumbersofhomeownersfailedtorepaytheirloans?

Thecompaniesthathadtheoversightandthosethatownedtheloans(aswellastheirsubsidiariesandtheirshareholders)lostsizableamountsofmoney,whichwillsoonspiraledintotheUSjobmarketaslayoffsandtermination.Manypeopleexperiencedlongmonthsofstruggles.TextStudy—PartⅠReadingCoLanguageFocusesParaphrase:“TheeconomicslumpsomanypeoplesufferedthroughoriginateintheUnitedStates,witharegulatoryfailureofmortgatesratedlessriskythantheyturnedouttobe.(Para.1)TheeconomicdeclinefirstoccurredintheUS.Theauthoritiesdidnotproperlyevaluatetheriskofmortgages,whichprovedtobefarmoreseriousthanexpected.Buttheyfailedtotakeeffectivemeasurestoregulatethemortgages,andalargenumberofpeoplewereseverelyaffected.LanguageFocusesParaphrase:“Paraphrase:“TheeffectsofthesedrasticlossessoonspiraledintotheUSjobmarketaslayoffsandterminations.”(Para.1)ThedrasticlossessoonseriouslyaffectedtheUSjobmarket—manypeoplelosttheirjobsandbecameunemployed.Paraphrase:“TheeffectsoftIntroductionaboutthegreatimpactcausedbytheeconomiccrisisManypeopleexperiencedlongmonthsofstruggleswhentheeconomicslumpsweptacrossthenation.Sum-upIntroductionaboutthegreat

TextStudy—PartⅡBody(Para.2-17)TheEconomiccrisisbroughtaboutdisastrouseffectsonSue’slife.Para2-6:TheBeginningPara7-13:EveryAspectsoflifePara14-16:EndeavortofightPara17:ConclusionTextStudy—PartⅡBody(ParaPara2-6:ReadingComprehension2.Whatwere“99ers”?

Theywerejoblesspeoplewhowerenolongerallowedtoclaimunemploymentinsurancebenefitswhichtheycouldonlyreceivefor99weeks.3.Whatdidtheunemploymentbenefitsmeantothelayoffs?Althoughtheunemploymentbenefitsweresmallinamount,theyhelpedjoblesspeopletosurviveandtokeeptheirlifegoing.Para2-6:ReadingComprehension2LanguageFocusesParaphrase:“Long-termunemploymentwasatrecordlevels”(Para.5)Thetotalnumberofpeoplewhodidn’thavejobsforalongperiodoftimereachedthehighestlevel.LanguageFocusesParaphrase:“Whereisshegoing?Suepackedupanddroveoutoftown.

Shewoundupatamotel.Sum-upSuefacedlifeasmigrantafterbeingevictedfromherapartment.Para.2Para.3Whereisshegoing?SuepackedThecauseofherpresentlife--theexhaustionofherunemploymentbenefits.Suewasa“99er”.Unemploymentbenefitswereherlifeline.

Shebegantotumbleovertheeconomiccliff.Para.4Para.5Para.6MoreThecauseofherpresentlife-Para7-13:ReadingComprehension4.WhichaspectofSue’slifewasaffectedbytheeconomiccrisis?herincomeherlivingstandardhereducationopportunityheraccommodation/shelterherbeliefandconfidenceinlifeherself-esteem.Para7-13:ReadingComprehensionLanguageFocuses

What’sthetoneofthesentence“Suewouldhavebeenevictedfromhertwo-bedroomapartment…theprocesswasdelayedbypaperworkandbureaucracy.”(Para.10)It’sbothhelplessandsarcastic.Ononehand,inherhelplessconditionafterlosinghercorporatejob,Suewasluckythatherevictionfromherapartmentwasdelayed,whichenabledhertostaytherealittlelonger.Ontheotherhand,thefactthatshecouldstilllivingintheapartmentwithoutpayingrentsuggestssarcasmoftheefficiencyofthebureaucracy.Theuseof“shouldhavedone”and“thankfully”isironicinthetone.LanguageFocusesWhat’stheto

Whatdoesitmean

“Sueevenconsideredturningthesteeringwheelofhercarintoatreeandendingherlifestorythere.”(Para.11)Sueeventhoughtofbumpinghercaragainstatreeandkillingherselfrightthere.

ThisimpliesthatSuehadnearlylostherhopeforlife.Whatdoesitmean“SueevencWhydoyouthinkthat“noneofherthreeadultsonswereinapositiontohelpher(Sue)”?(Para.13)Becauseherthreeadultsonsmightalsobeseverelyaffectedbythiseconomicslumpthatsweptacrossthenationandtheymayalsogetintofinancialdifficulties.Whydoyouthinkthat“noneoBeliefandconfidenceShelterEducationLivingstandardHowtheeconomiccrisisaffectedSue’slife.IncomeEveryaspectofherlifeSelf-esteem

EveryaspectofherlifeSum-upBeliefandconfidenceShelterPara14-16:5.WhydidSuethinktheonlyhelpshewasgoingtogetwasfromherself?Shecouldn’treceiveeffectivesupportfromthegovernmentandsocialorganizations.Furthermore,whatsheneededwasfarbeyondwhatherfriendscouldofferandhersonswerealsonotinapositiontohelpher.So,shecouldonlyrelyonherself.ReadingComprehensionPara14-16:5.WhydidSuethink6.WhatnewstrugglesandobstaclesdidSuehavetofacewhensheappliedforajob?Shehadtodealwithnewdifficultieslikewhattodoforanaddressforjobapplications,andworriedthatcallswouldnotreachherbecausehercellphonewascutofffornon-payment.6.WhatnewstrugglesandobstWhatdoesitimply“Sue’sdayswerespentsurfingInternetjobindex,applyingforjobswherethesilent‘No.’‘No.’‘No.’gavewaytoafeelingofhelplessness”?(Para.15)Shehadmadeeveryendeavortofightagainstthereality,hopingtofindajobandliveonherown.Buttherealitywassoharshthatitdestroyedherhope.LanguageFocusesWhatdoesitimply“Sue’sdaysWhyisthe“address”anobstacleforhertodealwithforjobapplications?(Para.16)

Becauseasweknow,shewasevictedfromherapartment,andhasnoregularplacetolive.Butinjobapplication,onehastoleavehis/heraddresswiththecompany,whichisaproblemforherbecauseshehadlosthershelteranddidn’tknowwhereshewouldbeforthenextmoment.Whyisthe“address”anobstacSum-upSuestruggledtofighttheharshreality.Para.14Shedecidedtoliveonherown.Para.15Herendeavortofightagainsttheharshrealitygavewaytohelplessness.Para.16Shehadallnewstrugglesandobstaclestodealwith.Sum-upSuestruggledtofighttPara17:7.DoyouthinkSue’slifewillbebetterandbetterafterherreceiving$300cashfromheroldfriend?Why?No.Thereisnodoubtthatthiswastheonlyhopeinherdifficultsituation,butitwasjustatemporaryremedy.Shecouldn’tliveonthatkindofhopeverylongandherfuturemightbeevenmorebrutal.ReadingComprehensionPara17:7.DoyouthinkSue’slConclusionofSue’sStorySheneededtocontinueherstruggleforaliving.Sum-upConclusionofSue’sStoryShenIntroductionaboutthegreatimpactcausedbytheeconomiccrisis(Para.1)Body—theeconomiccrisisbroughtaboutdisastrouseffectsonSue’slife(Para.2-17)Suefacedlifeasamigrantbecauseherunemploymentbenefitshadexpired.(Paras.2-6)Theeconomiccrisisaffectedeveryaspectofherlife.(Paras.7-13)Suestruggledtofighttheharshreality.(Paras.14-16)Sueneededtocontinueherstruggleforaliving.(Para.17)

SummaryoftheWholeIntroductionaboutthegreatToextendtheperiodofunemploymentinsurancebenefitsforpeople;Tocreatejobopportunitiestohelpthemwithemployment.

WhatinitiativesshouldthegovernmentundertaketosavepeoplelikeSueformfeelingdespaired?

CriticalThinkingToextendtheperiodofunempl1)protecttheenvironment;2)helppeoplewhomaybetooyoung,tooold,tooillorotherwiseunable;3)maintaineconomicstability.Whichdoyouthinkisimportantforthegovernmenttoregulateeconomicactivities?1)protecttheenvironment;WhSincefreemarketeconomyisdrivenbyindividualinnovationandthenotionthathardworkandcreativitywillberewardedbysuccess,weshouldstrivetodoourbesttomakemorevaluablecreation.Whichdoyouthinkisimportantforthegovernmenttoallowthemarketcompletefreedom?SincefreemarketeconomyWhenusingthewritingthetechniqueforcauseandeffect,wehavetoconsider

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