Income Inequality For Young People

 

Part 1: You will hear a short extract about inequality inequality for young people. Write NO MORE THAN THREE WORDS for each blank. htps://www.youube.com/wach?v=7WegzglZlwA

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They’ve been called a generaon of (1) _______________ __________________. ___. 1 in 7 young Europeans couldn’ nd a job, and hose who have jobs are doing par-me or suck in (2) _____________________. _____________________.

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Young people across he globe are feeling he pain from (3) ________ ________________ _________________ _____________. ____.

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In 1980, he op 1% has aken bigger slice of he world’s income while he botom 50% ‘s share has (4) __________________, __________________, which is bad for young people.

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Incomes decreased as people los heir jobs aer he 2007 (5) __________________ _____________________. ___. When he economy began o recover, he incomes of old people rose by 10% hanks o heir proeced pensions, according o he research from (6) ________________________ ________________________________ ___________. ___.

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Young people also have more deb han oher age groups, which can pu hem he m in deep rouble wih heir nances. For example, suden deb sands a $1.5T, making i he 2 nd larges ype of deb aer (7) ___________________.

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Besides low-wage, low-skill and par-me jobs, rising (8)________________ (8)_____________________ _____ also conribues o he risks of povery among young people. This is he reason why fewer (9)  _________________  ________ ___________ __ belong o middle class han han heir previous generaons. 

Also, he burden of paying o he debs is likely o fall on young people, which makes young people become doubul abou he auhories and helped (10) _________ _________________ ________________ __________ __ all over he world.

KEY 1. Drea Dreams ms de defe ferr rred ed => Defer (doing) somehing: o delay somehing unl a laer me 2. Temp Tempor orar aryy pos posio ions ns 3. Inco Income me in ineq equa uali liyy 4. Sagnaed => Stagnate (v): sop developing or making progress progress 5. Fina Financ ncia iall cris crisis is 6. Inern Inernao aonal nal monea moneary ry fund fund 7. Morgages => Mortgage (s) (n): a legal agreemen by which a bank or similar organizaon lends you money o buy a house, ec., and you pay he money back over a parcular number of years; he sum of money ha you borrow 8. Cos Cos of liv livin ing g

 

9. Mill Millen enn nia ials ls => Millennial (s) (N): conneced wih he generaon of people who became aduls in he early 21s cenury 10. Fuel populis populis movemens movemens => Fuel (v): o increase somehing; o make somehing sronger (= soke) => Populist (adj): believing in or supporng populism (= a ype of polics ha claims o represen he opinions and wishes of ordinary people)