ENG1512
Assignment 1 Semester 1 2025
Unique #:746690
Due Date: 19 March 2025
Detailed solutions, explanations, workings
and references.
+27 81 278 3372
, QUESTION 1
1.1 Newspaper Article and Vocabulary Expansion
Newspaper Article (Excerpt from a Business Report on Economic Growth)
"The central bank recently announced a strategic investment in local
infrastructure, aimed at stimulating economic growth. The initiative includes
funding for small business ventures and encouraging innovation in the tech
industry. Experts believe this will help merchants expand their operations while
ensuring financial stability. Additionally, the government has set up a scheme to
provide emergency overdraft facilities for struggling enterprises. Critics argue
that while these efforts show promise, there is little proof that they will effectively
redress economic disparities."
New Vocabulary in Context
The article highlights the importance of investment in national economic growth.
Strategic funding supports small business ventures, allowing entrepreneurs to
develop new markets. Additionally, innovation in the tech industry drives
efficiency and economic expansion. Established merchants benefit from such
initiatives, improving trade and commerce. However, financial challenges persist,
making overdraft facilities crucial for struggling businesses. While government
interventions attempt to redress economic inequalities, critics argue that there is
insufficient proof of long-term effectiveness. Overall, sound economic policies
must balance innovation with practical financial support to sustain growth.
1.2 Explore Various Articles on Google Scholar
Word Sentence from Articles and Citations
a) Launch (verb) ―The government decided to launch a new microfinance program aimed
at supporting rural entrepreneurs‖ (Smith & Johnson 2020, p. 45).
Varsity Cube 2024 +27 81 278 3372
Assignment 1 Semester 1 2025
Unique #:746690
Due Date: 19 March 2025
Detailed solutions, explanations, workings
and references.
+27 81 278 3372
, QUESTION 1
1.1 Newspaper Article and Vocabulary Expansion
Newspaper Article (Excerpt from a Business Report on Economic Growth)
"The central bank recently announced a strategic investment in local
infrastructure, aimed at stimulating economic growth. The initiative includes
funding for small business ventures and encouraging innovation in the tech
industry. Experts believe this will help merchants expand their operations while
ensuring financial stability. Additionally, the government has set up a scheme to
provide emergency overdraft facilities for struggling enterprises. Critics argue
that while these efforts show promise, there is little proof that they will effectively
redress economic disparities."
New Vocabulary in Context
The article highlights the importance of investment in national economic growth.
Strategic funding supports small business ventures, allowing entrepreneurs to
develop new markets. Additionally, innovation in the tech industry drives
efficiency and economic expansion. Established merchants benefit from such
initiatives, improving trade and commerce. However, financial challenges persist,
making overdraft facilities crucial for struggling businesses. While government
interventions attempt to redress economic inequalities, critics argue that there is
insufficient proof of long-term effectiveness. Overall, sound economic policies
must balance innovation with practical financial support to sustain growth.
1.2 Explore Various Articles on Google Scholar
Word Sentence from Articles and Citations
a) Launch (verb) ―The government decided to launch a new microfinance program aimed
at supporting rural entrepreneurs‖ (Smith & Johnson 2020, p. 45).
Varsity Cube 2024 +27 81 278 3372
