文档介绍：Unit Five Money & Investment
Lead-in
Lead-in Discussion
Skimming – Please skim this very short history of Money
Money Can Be Anything
Money as Coined Money
Paper, Plastic and Virtual Money
2. Discussion:
In William Shakespeare’s The Merchant of Venice, the most notorious moneylender Shylock demands literally “a pound of flesh” if Antonio can’t fulfill his obligation. This act of villainy, however, is an inexorable fiber of today’s financial world. Can you think of what it is? And who is the major player of Shylock now?
Lead-in Discussion
Text A
The Descent of Money
Structural Analysis
Part
Main Topics
I (Para 1-3)
Introduction of the Financial History and Reasons of Its Vulnerability to Crises
II (Para 4-6)
First Reason: Future
III (Para 7-10)
Second Reason: Human Behavior
IV (Para 11-12)
Third Reason: Evolution
Part I: Questions
Q1. Why did the Western financial model tend to spread around the world?
Because the Western financial intermediation generally permits a more efficient allocation of resources.
Part I: Sentence Interpretation
On the contrary, financial history is a roller-coaster ride of ups and downs, bubbles and busts, manias and panics, shocks and crashes.
On the contrary, financial history is one made of wax and wane, bull and bear, lean years and plenty years.
Part I: Words and Expressions
skew
adj. change or influence sth with the result that is not accurate, fair, normal, etc.
synonyms: distort, twist, rig
example: Japanese scientist Haruko Obokata skewed the statistics in her stem cell research.
Part I: Words and Expressions
guise
n. a way in which sb./sth. appears, often in a way that is different from usual or that hides the truth about them/it
synonyms: pretense, camouflage
example: His speech presented racist ideas under the guise of nationalism.