IELTS Essay: Large Businesses

Vocabulary Answers

rise of large corporations more big companies

fundamental shift basic change

workforce employed people

chief advantages main benefits

relate to have to do with

downsides disadvantages

societal dilemmas problems affecting all people

proponents supporters

big business large companies

point to career advancement argue about promotions and opportunities

variety of roles many different jobs

by their nature naturally, of course

draw on take from

limited possible source of revenue only so much money they can make

naturally caps of course limited to

nearly unlimited profit potential no limits on the money that can be made

employ give jobs to

executives CEOs, CFOs, etc.

high-salaried positions well-paying jobs

departments ranging from … to parts of the company including

legal lawyers

research and development coming up with new ideas

human resources managing employees, HR

all of which are everything is

destinations places to go

motivated employees workers who really want to

relate less directly don’t have much to do with

society at large all people

disappearance going away

local entrepreneurs small businesses

capital money and resources

concentrated focused

chief shareholders those who own the country

division of wealth how money is spread out

defines the 21st century represents 2000 to 2100

executive decisions choices from the higher ups

further removed more and more distant

local communities small businesses

regulate control

environmental cost negative impact on the environment

drilling for oil getting oil out of the ground

extracting natural gas taking gas from the Earth

hurts local residents does not benefit locals

continues unabated keeps going on without slowing down

authority power

unaffected no effect

outweigh stronger than

distant far away

check the reach control the influence

empower individuals give power to people