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By: Juliana Gomez

and Sarah Bayona


Grade: 8-B
Teacher: Gavin Hill
ECONOMY
Definition of economy: Careful, thrifty management of
resources, such as money, materials, or labor.
For me, economy is a way people manage money and
resources. It is a system that people, companies and countries
use to control the way their resources are being used and also
to measure they way money moves in a society. I think that it
is also a way to determine the social status (with money and
resources) of a country, or a person, etc.
Money is a thing that is always time in everybodys mind,
because for almost everything you want, or need to do, you
just need a thing, money.
It is used in your daily life, when you buy food or for buying
gasoline for your car. Etc.
Through history money have varied in form and shape, but
actually it has existed since a long time ago, just like
economy.
The problem is the inequality, some people and communities
does not have the same opportunities as other people that
have more money and resources for whatever reason.
It Is known that countries that manage and control best their
economies are the richest. For example the richest countries
in the world are:
1.
2.
3.
4.

U.S.A: 17.5 trillion.


China: 10.0 trillion.
Japan: 4.8 trillion.
Germany: 3.9 trillion.

5.
6.
7.
8.
9.
10.

France: 2.9 trillion.


United Kingdom: 2.8 trillion.
Brazil: 2.2 trillion.
Italy: 2.2 trillion.
Russia: 2.1 trillion.
India: 2.0 trillion. (superfluous)

There is also a career that is specialized in so that the people


learn how to manage economy and learn how to measure it.
That used to be hired at a company (they are no longer
hired?), for the government of a country or for many other
businesses that need help with their management of their
money in order to have success in whatever they do.
We think that economy is very useful for your life and for
every business, because nowadays money has became so
important that is almost ? necessary that you know at least
how to administrate it in every thing you do.
Sources: http://www.thefreedictionary.com/economy
http://www.therichest.com/rich-list/rich-countries/the-10richest-economies-in-the-world-in-2014/
A good essay, but did you work with someone else to write it?
(We think)
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

low
barely responds to the
task
does not express a
position
may attempt to
present one or two
ideas
but there is no
development
has very little control
of organizational
features
uses an extremely
limited range
of vocabulary;
essentially no
control of word
formation and/or
spelling

20-0

Grade
18

20-0

16

20-0

16

Grammatical
Range and
Accuracy
Formatting

Paragraphs
Capitalization and
punctuation.

uses a wide range of structures with


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

cannot use sentence


forms except in
memorized phrases
Student fails to use
formatting

20-0

16

10

10

Student fails to use


any form.

Student fails to use


any.
doesnt use sentence
structure

100-0

total
86

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