The project work instruction Step Choose an interesting topic. Find an authentic material. Step 2


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Project work instruction


The project work instruction
Step 1. Choose an interesting topic. Find an authentic material.
Step 2. Read the article and fill in the table №1 answering the questions if it is necessary.

1

Who is the author?

Talmon Joseph Smith

2

The date of the publication.

May 15, 2023

3

Where was the article published?

In New York

4

What was the field of study approached in the article?

It was economy

5

What is the general idea of the article?

Inheritance of wealth


Step 3. Re-read the text and find interesting expressions, essential words that new for you and fill in the table №2.
Table 2.




Expression or essential word

Definition

Sentence

Translation

1

Intergenerational transfer

Donations of resources from one age group or generation to another

An intergenerational transfer of wealth is in motion in America-…

Avloddan-avlodga o`tadigan boylik

2

Adjusted for inflation

Measuring dollar amounts in constant prices

In 1989, total family wealth in the United States was about 38 trillion, adjusted for inflation

Inflatsiyaga moslashtirilgan

3

Millennial

Denoting or relating to a period of a thousand years

Americans to millennial and Gen x heirs through 2045

Ming yillik

4

Heir

One who receives or is entitled to receive something other than property from a parent or predecessor.

Heirs increasingly do not need to wait for the deaths of elders …..

Merosxo`r

5

Affluent

Having a great deal of money

Adviser whose New York firm caters to affluent millennials

Badavlat


Step 4. Write a reflection paper (an essay that requires you to express your opinion on a topic) of the article. Use minimum 200 words.
Some good questions to ask yourself when reviewing and analyzing material are:

  • How has the material affected me?

  • What have I learned?

  • How does the material catch the reader’s attention?

  • Are there unsolved questions or critical issues?

  • How will the material affect my future thinking?

The parts of a reflection:

  • The introduction – this is where you will state your subject of reflection and thesis

  • The body paragraphs – here you will describe your subject including your thoughts, feelings and how the material has affected you

  • The conclusion – a summary of what you have found out, bringing your arguments and opinions together to restate your original thesis

I was reading The New York Times when this article caught my attention. Because, living in today's democratic society, I once again witnessed that wealth is still inherited from generation to generation. This article proved it to me. The thing that caught my attention the most was that the baby born now can even become an heir. Overall, it was great.


In fact, that baby will not know his mind yet, and until he grows up, no one can use this inheritance without his permission. Some people may not have such baby wealth.
In general, inheritance of wealth can exist in every country. But the country, or very large wealth, does not remain from generation to generation, I think.
Of course, there are good and bad sides to this. The good side is getting rich without any hard work, the bad side is that it can make a person lazy or suddenly unlucky. As you can see from this article, members of certain dynasties bequeath their property. This has become a tradition. It can be thought that high-class people or officials continue the tradition.
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