VSTEP B1, B2, C1 Speaking Part 3: Topic Development
Question: Money, while essential for survival and comfort, also influences our behaviors, relationships, and life choices.
- enables survival and comfort
- influences behaviors and decisions
- affects relationships and societal structures
Further discussion questions:
- How does money influence personal happiness and life satisfaction?
- What role should financial education play in schools and society?
- How has the digital revolution changed the way we handle and perceive money?
Answer:Money is a fundamental aspect of human life as it enables survival, providing essential needs and comforts. Beyond its practical implications, money also significantly influences our behaviors, decisions, and relationships. Financial resources can shape our priorities, career choices, and consumption patterns. Additionally, money can impact relationships, leading to power dynamics, conflicts, and materialistic pursuits. Societally, the distribution of wealth affects economic inequality and social structures, influencing opportunities and social mobility.
Further Discussion Questions:
- How does money influence personal happiness and life satisfaction?
Money can influence personal happiness to some extent by providing access to resources and experiences that enhance well-being. However, the relationship between money and happiness is complex, and other factors such as social connections, purposeful pursuits, and mental well-being also play crucial roles in determining life satisfaction.
- What role should financial education play in schools and society?
Financial education is essential in schools and society to empower individuals with money management skills, budgeting, and long-term financial planning. By fostering financial literacy, people can make informed decisions, avoid debt traps, and develop a healthier relationship with money.
- How has the digital revolution changed the way we handle and perceive money?
The digital revolution has revolutionized money management and transactions. Digital payment methods, online banking, and cryptocurrency have transformed the way we handle money, making it more convenient and accessible. However, this shift also raises concerns about data security, financial privacy, and the potential detachment from tangible currency.
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