IELTS 2.4 Unit 4 Reading Practice

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Match the opinion below with the correct person.

1. The plan to make a greater number of people wealthy from mortgage repayments was foolish.

• Alicia Pillory

• Dr. Alfred Moran

• Charles Vane

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Match the opinion below with the correct person.

2. The credit ratings agencies did not fulfil their essential reason for existing

• Alicia Pillory

• Dr. Alfred Moran

• Charles Vane

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Match the opinion below with the correct person.

3. The investment banks are not solely responsible for the problems that caused the crash.

• Alicia Pillory

• Dr. Alfred Moran

• Charles Vane

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Match the opinion below with the correct person.

4. The bankers' careless way of working was essentially a form of exploitation from which they got more wealthy.

• Alicia Pillory

• Dr. Alfred Moran

• Charles Vane

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Match the opinion below with the correct person.

5. Accepting the false assurance of AAA credit ratings without question badly damaged the global economy.

• Alicia Pillory

• Dr. Alfred Moran

• Charles Vane

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Match the opinion below with the correct person.

6. Government failure to bring the problem to an end led to another profit-driven industry becoming involved.

• Alicia Pillory

• Dr. Alfred Moran

• Charles Vane

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Choose the correct option.

What is the writer's main idea in the Reading passage?

• The global financial crisis would not have happened if people were still imprisoned for being in debt.

• Certain nationalities should follow the lead of others in order to become financially stable

• The global financial crisis was created by a number of groups and has had only negative effects.

• Worldwide attitudes to financial responsibility are to blame for the global crisis.

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Choose the correct option.

What is the writer's purpose in the Reading passage?

• To compare approaches to savings and investment in the 19th and the 21st centuries

• To.summarise different interpretations of the main causes of the global financial crisis

• To criticise investment banks' unhealthy concept of debt

• To detail which processes caused the global financial crisis to happen

Reading the passage - THE FINANCIAL CRASH - WHO WAS TO BLAME?. Choose the correct option.

What is the best title for this Reading passage?

• The History of Debt in the Modern Era

• How the Banks created a Global Recession

• Disasters in Finance and Investment

• The Crash: is there anyone to blame?