IELTS Writing Task 2: Why Fair Wages are Essential for Economic Growth – Sample Essays and Analysis

In recent years, the topic of fair wages and their impact on economic growth has become increasingly prevalent in IELTS Writing Task 2 questions. This subject touches on important socio-economic issues that are relevant to …

Fair wages and economic growth

In recent years, the topic of fair wages and their impact on economic growth has become increasingly prevalent in IELTS Writing Task 2 questions. This subject touches on important socio-economic issues that are relevant to both developing and developed nations. Based on past exam trends and current global economic discussions, we can expect this theme to appear more frequently in future IELTS tests.

Let’s examine a sample question that aligns closely with real IELTS exam topics:

Some people believe that paying workers fair wages is crucial for a country’s economic growth, while others argue that it can harm businesses and slow down the economy. Discuss both views and give your own opinion.

Analyzing the Question

This question requires candidates to:

  1. Discuss the view that fair wages contribute to economic growth
  2. Explore the opposing view that fair wages may harm businesses and economic growth
  3. Present and justify their own opinion on the matter

It’s important to address all parts of the question and provide a balanced discussion before concluding with a well-supported personal stance.

Sample Essay 1 (Band 8-9)

The relationship between fair wages and economic growth is a contentious issue in modern economics. While some argue that ensuring workers receive fair compensation is vital for overall economic prosperity, others contend that it can burden businesses and impede economic progress. In my opinion, fair wages are indeed essential for sustainable economic growth, although a balanced approach is necessary to address potential short-term challenges.

Proponents of fair wages argue that they contribute significantly to economic growth through various mechanisms. Firstly, when workers are paid fairly, their purchasing power increases, leading to higher consumer spending and a subsequent boost in demand for goods and services. This increased demand can stimulate production and create a positive economic cycle. Moreover, fair wages can enhance worker productivity and loyalty, reducing turnover rates and associated costs for businesses. A workforce that feels valued and adequately compensated is likely to be more motivated and efficient, contributing to overall economic output.

On the other hand, critics argue that mandating fair wages can have detrimental effects on businesses and the broader economy. The primary concern is that higher labor costs may force companies, especially small and medium-sized enterprises, to reduce their workforce or limit new hires. This could potentially lead to increased unemployment and slower economic growth. Additionally, some argue that businesses might pass on the increased costs to consumers through higher prices, potentially reducing demand and competitiveness in global markets.

While these concerns are valid, I believe that the long-term benefits of fair wages outweigh the potential short-term challenges. A more equitable distribution of wealth through fair wages can lead to a more stable and sustainable economic system. It can reduce income inequality, which has been shown to hinder long-term economic growth and social stability. Furthermore, governments and businesses can implement fair wage policies gradually and in conjunction with other supportive measures, such as tax incentives or productivity improvement programs, to mitigate potential negative impacts on businesses.

In conclusion, while the implementation of fair wages may present some initial challenges, it is crucial for fostering sustainable economic growth. A balanced approach that considers both worker welfare and business viability can create a more robust and equitable economic environment, benefiting society as a whole.

(Word count: 365)

Fair wages and economic growthFair wages and economic growth

Sample Essay 2 (Band 6-7)

The topic of fair wages and their impact on economic growth is a complex issue with different viewpoints. Some people think fair wages are important for economic growth, while others believe they can harm businesses and slow down the economy. In this essay, I will discuss both sides and give my opinion.

Those who support fair wages say they are good for the economy. When workers get paid fairly, they can buy more things, which helps businesses sell more products. This can lead to more jobs and economic growth. Also, workers who are paid well are often happier and work harder, which can help companies be more successful.

On the other hand, some people argue that fair wages can be bad for businesses and the economy. They say that if businesses have to pay workers more, they might not be able to hire as many people or might have to raise prices. This could lead to fewer jobs and make things more expensive for everyone. Some worry that this could make it harder for businesses to compete with companies in other countries where wages are lower.

In my opinion, I think fair wages are important for economic growth, but we need to be careful about how we implement them. While there might be some short-term challenges for businesses, in the long run, fair wages can help create a stronger and more stable economy. When workers are paid fairly, they can afford to buy more things, which helps businesses grow. It’s also important for keeping workers happy and motivated.

To make fair wages work, I think governments should work with businesses to find ways to implement them gradually. This could include offering support or incentives to help businesses adjust. By doing this, we can help ensure that both workers and businesses benefit from fair wages.

In conclusion, while there are valid concerns about the impact of fair wages on businesses, I believe that they are ultimately necessary for sustainable economic growth. With careful planning and implementation, fair wages can help create a more prosperous economy for everyone.

(Word count: 329)

Key Points to Remember When Writing

  1. Structure: Ensure your essay has a clear introduction, body paragraphs that discuss both viewpoints, and a conclusion that summarizes your opinion.

  2. Balance: For higher band scores, present a balanced argument by discussing both sides thoroughly before presenting your opinion.

  3. Coherence and Cohesion: Use linking words and phrases to connect ideas and paragraphs smoothly. Examples include “furthermore,” “on the other hand,” and “in conclusion.”

  4. Lexical Resource: Incorporate a range of vocabulary related to economics and employment. Higher band scores require more sophisticated and less common vocabulary used accurately.

  5. Grammatical Range and Accuracy: Use a variety of sentence structures and complex grammatical forms. Ensure subject-verb agreement and proper use of articles and prepositions.

Vocabulary to Remember

  1. Fair wages (noun phrase) /feə weɪdʒɪz/ – Compensation that is considered just and appropriate for the work performed.

  2. Economic growth (noun phrase) /ˌiːkəˈnɒmɪk ɡrəʊθ/ – An increase in the amount of goods and services produced per head of the population over a period of time.

  3. Purchasing power (noun phrase) /ˈpɜːtʃəsɪŋ ˌpaʊə/ – The ability of a currency to buy goods and services.

  4. Consumer spending (noun phrase) /kənˈsjuːmə ˈspendɪŋ/ – The amount of money spent by households in an economy.

  5. Productivity (noun) /ˌprɒdʌkˈtɪvəti/ – The efficiency of production of goods or services expressed by some measure.

  6. Income inequality (noun phrase) /ˈɪnkʌm ˌɪnɪˈkwɒləti/ – The extent to which income is distributed in an uneven manner among a population.

  7. Competitiveness (noun) /kəmˈpetətɪvnəs/ – The ability and performance of a firm, sub-sector or country to sell and supply goods and services in a given market.

  8. Sustainable (adjective) /səˈsteɪnəbl/ – Able to be maintained at a certain rate or level.

  9. Implement (verb) /ˈɪmplɪment/ – Put (a decision, plan, agreement, etc.) into effect.

  10. Gradual (adjective) /ˈɡrædʒuəl/ – Taking place or progressing slowly or by degrees.

In conclusion, the topic of fair wages and their impact on economic growth is a complex and relevant issue for IELTS Writing Task 2. By understanding the key arguments, using appropriate vocabulary, and structuring your essay effectively, you can craft a strong response to questions on this topic. Remember to practice writing essays on similar themes to improve your skills and confidence for the IELTS exam.

We encourage you to try writing your own essay on this topic and share it in the comments section below. This practice will help you refine your writing skills and get feedback from others preparing for the IELTS exam. Additionally, you might want to explore related topics such as ethical consumption and sustainability to broaden your understanding of economic and social issues that often appear in IELTS Writing Task 2.

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