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Mastering IELTS Writing Task 2: The Role of Fiscal Policy in Controlling Inflation – Sample Essays and Analysis

Fiscal Policy and Inflation Control

Fiscal Policy and Inflation Control

The topic of fiscal policy and its role in controlling inflation is a recurring theme in IELTS Writing Task 2. Based on past exam trends and the current economic climate, it’s highly likely that this subject will continue to appear in future tests. Let’s explore a relevant question that has been featured in recent IELTS exams:

Some people think that governments should use tax money to reduce the cost of living. Others believe that there are better ways to use public funds. Discuss both these views and give your own opinion.

Analyzing the Question

This question revolves around the use of fiscal policy, particularly taxation, to address the cost of living – a key aspect of inflation control. It requires candidates to:

  1. Discuss the view that tax money should be used to reduce living costs
  2. Explore alternative uses of public funds
  3. Provide a personal opinion on the matter

Now, let’s look at two sample essays addressing this question, targeting different band scores.

Sample Essay for Band 8-9

Governments worldwide grapple with the challenge of managing the cost of living for their citizens, and the allocation of tax revenues plays a crucial role in this endeavor. While some advocate for direct intervention through tax money to alleviate living expenses, others argue for alternative approaches to public fund utilization. This essay will examine both perspectives before presenting my own viewpoint.

Proponents of using tax money to reduce living costs argue that it provides immediate relief to citizens, especially those in lower-income brackets. By subsidizing essential goods and services or offering tax rebates, governments can directly impact household budgets, making necessities more affordable. This approach can be particularly effective during economic crises or periods of high inflation, helping to maintain social stability and prevent poverty.

On the other hand, critics of this approach contend that there are more sustainable ways to use public funds. They argue that investing in long-term solutions such as education, infrastructure, and innovation can create a more robust economy, indirectly lowering the cost of living through increased efficiency and productivity. Additionally, focusing on job creation and economic growth may provide more lasting benefits than short-term subsidies.

In my opinion, a balanced approach that combines both short-term relief and long-term investment is ideal. While using tax money to directly reduce living costs can provide necessary immediate assistance, it should not come at the expense of investing in the future. Governments should allocate funds to both address current needs and build a foundation for sustainable economic growth.

In conclusion, the use of tax money to reduce living costs is a complex issue with valid arguments on both sides. A nuanced strategy that provides immediate relief while also investing in long-term economic development is likely to be most effective in managing the cost of living and promoting overall societal well-being.

(Word count: 298)

Sample Essay for Band 6-7

The question of how governments should use tax money is important for many people. Some think it should be used to make living cheaper, while others believe there are better ways to spend public money. I will discuss both ideas and give my opinion.

Those who support using tax money to reduce living costs say it can help people right away. For example, the government could make food or housing cheaper by giving money to companies or people. This can be good for poor families who struggle to buy what they need. It might also help during times when prices are going up fast.

However, other people think there are better ways to use public funds. They say that spending money on things like schools, roads, or new technologies can help the country grow stronger. This might create more jobs and make things cheaper in the long run. They also worry that making things cheaper with tax money might not last for a long time.

In my opinion, I think governments should do both things. They should help people who need it now, but also think about the future. Maybe they could spend some money to make important things cheaper, but also invest in making the country better overall.

To sum up, using tax money to reduce living costs can help people, but investing in the country’s future is also important. I believe a mix of both approaches is the best way for governments to use public funds.

(Word count: 234)

Fiscal Policy and Inflation Control

Key Points to Note When Writing

When addressing topics related to fiscal policy and inflation control in IELTS Writing Task 2, consider the following:

  1. Structure: Both essays follow a clear structure with an introduction, body paragraphs discussing different viewpoints, and a conclusion. The Band 8-9 essay demonstrates more sophisticated paragraph development and transitions.

  2. Vocabulary: The higher band essay uses more advanced vocabulary and phrasal expressions, such as “grapple with,” “alleviate,” and “robust economy.” The Band 6-7 essay uses simpler language but still maintains clarity.

  3. Grammar: The Band 8-9 essay showcases a wider range of complex sentences and grammatical structures. The Band 6-7 essay uses simpler constructions but still maintains accuracy.

  4. Coherence and Cohesion: Both essays use linking words and phrases to connect ideas, but the higher band essay demonstrates more sophisticated cohesion techniques.

  5. Task Response: Both essays address all parts of the question, but the Band 8-9 essay provides more detailed examples and a more nuanced conclusion.

Important Vocabulary to Remember

  1. Fiscal policy (noun) /ˈfɪskəl ˈpɒləsi/ – Government policy regarding taxation and spending
  2. Inflation (noun) /ɪnˈfleɪʃən/ – A general increase in prices and fall in the purchasing value of money
  3. Subsidize (verb) /ˈsʌbsɪdaɪz/ – Support financially
  4. Alleviate (verb) /əˈliːvieɪt/ – Make (suffering, deficiency, or a problem) less severe
  5. Infrastructure (noun) /ˈɪnfrəstrʌktʃə/ – The basic physical and organizational structures and facilities
  6. Productivity (noun) /ˌprɒdʌkˈtɪvəti/ – The effectiveness of productive effort
  7. Sustainable (adjective) /səˈsteɪnəbl/ – Able to be maintained at a certain rate or level
  8. Allocate (verb) /ˈæləkeɪt/ – Distribute (resources or duties) for a particular purpose

In conclusion, the topic of fiscal policy and its role in controlling inflation is a complex but important subject in IELTS Writing Task 2. By understanding the key concepts, practicing with sample essays, and expanding your vocabulary, you can improve your ability to tackle such questions effectively. Remember to consider the effects of inflation on household budgets and the role of central banks in controlling inflation when preparing for your exam.

To further enhance your skills, try writing your own essay on this topic and share it in the comments section below. This practice will help you apply the strategies and vocabulary discussed in this article, preparing you for success in your IELTS Writing Task 2.

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