2022-09-01-a-cashless-society-british-english-student-ver2

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<p>BUSINESS ENGLISH · BUSINESS ISSUES · UPPER-INTERMEDIATE (B2-C1)</p><p>HEAAADERLOGORIGHT</p><p>A CASHLESS</p><p>SOCIETY</p><p>QrrkoD Scan to review worksheet</p><p>Expemo code:</p><p>189L-Q2BD-2MZR</p><p>1 Warm-up</p><p>How do you normally pay for things? In cash or by credit/debit card?</p><p>2 Key words</p><p>Complete the definitions below:</p><p>anonymously capital flow cushion intercept</p><p>snoop traces vulnerable</p><p>1. If there is a between you and something else, you are protected from possible</p><p>problems.</p><p>2. If you are , you are easy to hurt or attack.</p><p>3. If you something, you stop it before it is able to reach its destination.</p><p>4. If you do something , you do it without giving your name.</p><p>5. is the movement of money for investment in and out of countries.</p><p>6. If you do something without leaving any , there is no physical proof that you did</p><p>it.</p><p>7. If you , you look around a place secretly in order to find out information about</p><p>someone.</p><p>FOOOOTERRIGHT 1/4Learn without forgetting!</p><p>Scan the QR at the top of Page 1 to review the lesson flashcards with Expemo.</p><p>© Linguahouse.com. Photocopiable and licensed for use in Yázigi SBC Centro's lessons.</p><p>franc</p><p>Nota</p><p>cushion</p><p>franc</p><p>Realce</p><p>franc</p><p>Nota</p><p>vulnerable</p><p>franc</p><p>Realce</p><p>franc</p><p>Realce</p><p>franc</p><p>Nota</p><p>anonymously</p><p>franc</p><p>Realce</p><p>franc</p><p>Nota</p><p>snoop</p><p>franc</p><p>Realce</p><p>franc</p><p>Nota</p><p>intercept</p><p>franc</p><p>Realce</p><p>franc</p><p>Nota</p><p>capital flow</p><p>franc</p><p>Nota</p><p>traces</p><p>UPPER-INTERMEDIATE (B2-C1)</p><p>A CASHLESS SOCIETY</p><p>HEAAADERLOGORIGHT</p><p>3 Find the information</p><p>You are going to read an article about a cashless society. Tick the five benefits and drawbacks of using</p><p>cash that you think will be mentioned. Read the text to check your answers.</p><p>Cash makes it easier to avoid paying taxes.</p><p>People who pay in cash are less vulnerable to</p><p>cyber theft and government snooping.</p><p>Cash creates opportunities for criminals.</p><p>Cash is more dangerous to carry.</p><p>You can make cash payments anonymously.</p><p>It’s harder for the government to control citizens</p><p>who use cash.</p><p>Cash is easier to lose.</p><p>FOOOOTERLEFT 2/4Learn without forgetting!</p><p>Scan the QR at the top of Page 1 to review the lesson flashcards with Expemo.</p><p>© Linguahouse.com. Photocopiable and licensed for use in Yázigi SBC Centro's lessons.</p><p>UPPER-INTERMEDIATE (B2-C1)</p><p>A CASHLESS SOCIETY</p><p>HEAAADERLOGORIGHT</p><p>The death of cash could give governments more control,</p><p>experts fear</p><p>Countries like Korea and Sweden are looking at making the move towards a cashless society. But</p><p>money experts fear that the complete disappearance of hard cash would not benefit ordinary people.</p><p>1. The move to a completely cashless society could</p><p>mean governments have ever more control over our</p><p>wallets.</p><p>2. That’s the view of Megan McArdle, a columnist at</p><p>Bloomberg, who said that cash provides a cushion</p><p>between ordinary people and governments.</p><p>3. "Unmonitored resources like cash create</p><p>opportunities for criminals. But they also create</p><p>a sort of cushion between ordinary people and a</p><p>government with extraordinary powers. Removing</p><p>that cushion leaves people who aren’t criminals</p><p>vulnerable to intrusion into every remote corner of</p><p>their lives," she wrote on Bloomberg View.</p><p>4. Countries like Korea and Sweden are looking at</p><p>making the move towards a cashless society. But</p><p>money experts fear that the complete disappearance</p><p>of hard cash would not benefit ordinary people.</p><p>5. In a cashless society, the government might intercept</p><p>any transaction in which someone tried to lend</p><p>money to someone accused of a crime, Ms McArdle</p><p>said.</p><p>6. "We probably won’t notice how much this power</p><p>grows every time we swipe a card instead of paying</p><p>cash. The danger is that by the time we do notice, it</p><p>will be too late," she said.</p><p>7. "If hard cash were to disappear we would need to</p><p>think about limiting the ability of the government to</p><p>use the payments system as an instrument to control</p><p>the behaviour of its citizens," she added.</p><p>8. A global economy running without physical cash</p><p>will make it much easier for governments to control</p><p>capital flow, according to a report by Startfor, a</p><p>private intelligence agency.</p><p>9. Cash also allows payments to be made anonymously.</p><p>"You can spend your dollar bills without leaving any</p><p>traces behind. On the other hand, in a society</p><p>where all financial transactions are recorded, all of</p><p>your payment and credit history becomes an easy</p><p>target for cyber-theft and improper snooping by</p><p>government agencies," said Dr Patrick Carvalho, a</p><p>researcher in the Economics Program at the Centre</p><p>for Independent Studies, Australia.</p><p>10. But getting rid of banknotes also has its advantages.</p><p>Peter Sands, a former chief executive of Standard</p><p>Chartered, said that getting rid of ◆500, $100,</p><p>SFr1,000 and £50 notes would make it harder for tax</p><p>dodgers to pay people in cash, last month.</p><p>11. His statement came afterMario Draghi, the president</p><p>of the European Central Bank, said last week that</p><p>◆500 notes were under review because of similar</p><p>concerns that they are used by criminals.</p><p>12. While the Bank of Korea is planning for a cashless</p><p>society by 2020 and Sweden is also making the shift,</p><p>British citizens are still attached to hard cash.</p><p>13. Cash withdrawals amounted to a record £128 billion</p><p>- made during over two billion visits according to</p><p>recent figures by UK’s Link network of 70,000 ATMs</p><p>in 2015.</p><p>14. The total number of cash withdrawals only grew</p><p>slightly in 2015 but the value of those withdrawals</p><p>increased by 2 per cent.</p><p>15. "These figures show that cash remains a very</p><p>important part of our lives here in the UK and</p><p>is still the most attractive payment option in lots</p><p>of situations. With the amount of money being</p><p>withdrawn continuing to increase, it is clear that cash</p><p>has an important place in our wallets and purses</p><p>for the foreseeable future," John Howells, Link CEO,</p><p>said.</p><p>The Independent, Thursday 17 March 2016, by Zlata</p><p>Rodionova</p><p>FOOOOTERRIGHT 3/4Learn without forgetting!</p><p>Scan the QR at the top of Page 1 to review the lesson flashcards with Expemo.</p><p>© Linguahouse.com. Photocopiable and licensed for use in Yázigi SBC Centro's lessons.</p><p>franc</p><p>Realce</p><p>franc</p><p>Realce</p><p>franc</p><p>Realce</p><p>franc</p><p>Realce</p><p>into my direction</p><p>franc</p><p>Realce</p><p>Use</p><p>franc</p><p>Realce</p><p>UPPER-INTERMEDIATE (B2-C1)</p><p>A CASHLESS SOCIETY</p><p>HEAAADERLOGORIGHT</p><p>4 Checking understanding</p><p>Answer the questions below.</p><p>1. Why would a cashless society not benefit ordinary people?</p><p>2. What would need to happen if hard cash disappeared?</p><p>3. Why do some people want to get rid of large banknotes?</p><p>4. Why is the UK not planning to move to a cashless society?</p><p>5 Find the words</p><p>Find a word or phrase in the article which means...</p><p>1. involvement in a situation which people want to keep private (noun, P3) :</p><p>2. inappropriate (adj., P9) :</p><p>3. people who avoid doing what they should do (plural noun, P10) :</p><p>4. change (noun, P12) :</p><p>5. as far in the future as you can imagine (phrase, P15) :</p><p>Give your own examples of these words/phrases.</p><p>6 Prepositions</p><p>Complete the phrases below from the text with suitable prepositions.</p><p>1. have control something</p><p>2. be vulnerable something</p><p>3. be accused a crime</p><p>4. get rid something</p><p>5. be review</p><p>Give your own example sentences with these phrases.</p><p>7 Talking point</p><p>Would you like to live in a cashless society? Why/why not?</p><p>FOOOOTERLEFT 4/4Learn without forgetting!</p><p>Scan the QR at the top of Page 1 to review the lesson flashcards with Expemo.</p><p>© Linguahouse.com. Photocopiable and licensed for use in Yázigi SBC Centro's lessons.</p><p>franc</p><p>Nota</p><p>were under review because of similar</p><p>concerns that they are used by criminals.</p><p>franc</p><p>Nota</p><p>mario president of European bank said</p><p>franc</p><p>Nota</p><p>improper</p><p>franc</p><p>Nota</p><p>intrusion</p><p>franc</p><p>Nota</p><p>shift</p><p>franc</p><p>Nota</p><p>foreseeable future</p><p>franc</p><p>Nota</p><p>Dodgers / Advantages</p>