Aug. 23, 2023
Some countries encourage foreign companies to open in their country. Many people think that the government should focus on encourage local businesses rather than foreign businesses. To what extent do you agree or disagree?
Many believe that governments should prioritize local businesses' growth over attracting foreign ones. I wholeheartedly agree, as this helps in not only retaining wealth within the country but also safeguarding cultural heritage.
Local companies play a significant role in maintaining domestic wealth. They put their earnings back into the community by sourcing materials and services from nearby sources and employing people from the area. This contributes to job creation, investments, and the country’s overall economy. Many nations have propelled domestic companies to global leadership through pro-local policies, and therefore create millions of jobs and add billions of dollars to their GDP. South Korea's LG and Samsung, and Germany's Nova and Volkswagen, exemplify this. In contrast, foreign companies often repatriate their profits to their home countries. this diminishes resources available for local development. For example, many African countries have experienced limited economic benefits from their abundant oil and gas reserves due to the frequent repatriation of profits by domestically established foreign energy companies. Hence, prioritizing local businesses over foreign ones can allow governments to optimize the benefits of economic activity.
Local businesses also play a crucial role in preserving and promoting cultural heritage. Their products often embody the unique traditions and craftsmanship of their region. However, the influx of foreign enterprises increases competition, potentially forcing local businesses to shrink or close down. This, in turn, results in the erosion of the cultural essence tied to their products. For instance, many countries are seeing traditional dishes gradually replaced by foreign fast-food options like McDonald's. This has led to a decline of cherished culinary traditions. Therefore, governments should prioritize supporting local businesses over foreign entities to safeguard their cultural legacy.
In conclusion, governments should invest in local businesses rather than on attracting foreign ones as this can lead to the retention of wealth and the preservation of cultural heritage.
IELTS Writing Task 2 Essay
Some countries encourage foreign companies to open in their country.
Many people think that the government should focus on encourageing local businesses rather than foreign businesses.
To what extent do you agree or disagree?
Many believe that governments should prioritize local businesses' growth over attracting foreign ones.
I wholeheartedly agree, as this helps in not only retaining wealth within the country but also safeguarding cultural heritage.
Local companies play a significant role in maintaining domestic wealth.
They put their earnings back into the community by sourcing materials and services from nearby sourceslocally and employing people fromin the area.
This contributes to job creation, investments, and the country’s overall economy.
Many nations have propelled domestic companies to global leadership through pro-local policies, and therefore createing millions of jobs and adding billions of dollars to their GDP.
South Korea's LG and Samsung, and Germany's Nova and Volkswagen, exemplify this.
In contrast, foreign companies often repatriate their profits to their home countries.
tThis diminishes resources available for local development.
For example, many African countries have experienced limited economic benefits from their abundant oil and gas reserves due to the frequent repatriation of profits by domestically established foreign energy companies.
Calling a company domestically established and foreign in the same sentence is a little confusing.
Hence, prioritizing local businesses over foreign ones can allows governments to optimize the benefits of economic activity.
Local businesses also play a crucial role in preserving and promoting cultural heritage.
Their products often embody the unique traditions and craftsmanship of their region.
However, the influx of foreign enterprises increases competition, potentially forcing local businesses to shrink or close down.
This, in turn, results in the erosion of the cultural essence tied to their products.
For instance, many countries are seeing traditional dishes gradually replaced by foreign fast-food options like McDonald's.
This has led to a decline of cherished culinary traditions.
Therefore, governments should prioritize supporting local businesses over foreign entities to safeguard their cultural legacy.
In conclusion, governments should invest in local businesses rather than on attracting foreign ones, as this can lead to the retention of wealth and the preservation of cultural heritage.
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IELTS Writing Task 2 Essay This sentence has been marked as perfect! |
Some countries encourage foreign companies to open in their country. This sentence has been marked as perfect! |
Many people think that the government should focus on encourage local businesses rather than foreign businesses. Many people think |
To what extent do you agree or disagree? This sentence has been marked as perfect! |
Many believe that governments should prioritize local businesses' growth over attracting foreign ones. Many believe |
I wholeheartedly agree, as this helps in not only retaining wealth within the country but also safeguarding cultural heritage. This sentence has been marked as perfect! |
Local companies play a significant role in maintaining domestic wealth. This sentence has been marked as perfect! |
They put their earnings back into the community by sourcing materials and services from nearby sources and employing people from the area. They put their earnings back into the community by sourcing materials and services |
This contributes to job creation, investments, and the country’s overall economy. This sentence has been marked as perfect! |
Many nations have propelled domestic companies to global leadership through pro-local policies, and therefore create millions of jobs and add billions of dollars to their GDP. Many nations have propelled domestic companies to global leadership through pro-local policies, |
South Korea's LG and Samsung, and Germany's Nova and Volkswagen, exemplify this. This sentence has been marked as perfect! |
In contrast, foreign companies often repatriate their profits to their home countries. This sentence has been marked as perfect! |
this diminishes resources available for local development.
|
For example, many African countries have experienced limited economic benefits from their abundant oil and gas reserves due to the frequent repatriation of profits by domestically established foreign energy companies. For example, many African countries have experienced limited economic benefits from their abundant oil and gas reserves due to the frequent repatriation of profits by Calling a company domestically established and foreign in the same sentence is a little confusing. |
Hence, prioritizing local businesses over foreign ones can allow governments to optimize the benefits of economic activity. Hence, prioritizing local businesses over foreign ones |
Local businesses also play a crucial role in preserving and promoting cultural heritage. This sentence has been marked as perfect! |
Their products often embody the unique traditions and craftsmanship of their region. This sentence has been marked as perfect! |
However, the influx of foreign enterprises increases competition, potentially forcing local businesses to shrink or close down. This sentence has been marked as perfect! |
This, in turn, results in the erosion of the cultural essence tied to their products. This sentence has been marked as perfect! |
For instance, many countries are seeing traditional dishes gradually replaced by foreign fast-food options like McDonald's. This sentence has been marked as perfect! |
This has led to a decline of cherished culinary traditions. This sentence has been marked as perfect! |
Therefore, governments should prioritize supporting local businesses over foreign entities to safeguard their cultural legacy. This sentence has been marked as perfect! |
In conclusion, governments should invest in local businesses rather than on attracting foreign ones as this can lead to the retention of wealth and the preservation of cultural heritage. In conclusion, governments should invest in local businesses rather than on attracting foreign ones, as this can lead to the retention of wealth and the preservation of cultural heritage. |
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