PTE Writing – Summarize Written Text Practice Sample 40

Summarize Written Text In One Sentence – Read the passage below and summarize it using one sentence (between 5 and 75 words). Type your response in the box at the bottom of the screen. Your response will be judged on the quality of your writing and on how well your response presents the key points in the passage.

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PTE Academic Writing – Summarize Written Text Practice Sample #39

PTE Writing – Summarize Written Text

1. Read and summarize written text in your words.

It’ll Never Fly: The City Of London

Who would have thought back in 1698, as they downed their espressos, that the little band of stockbrokers from Jonathan’s Coffee House in Change Alley EC3 would be the founder- members of what would become the world’s mighty money capital?

Progress was not entirely smooth. The South Sea Bubble burst in 1720 and the coffee house exchanges burned down in 1748. As late as Big Bang in 1986, when bowler hats were finally hung up, you wouldn’t have bet the farm on London surpassing New York, Frankfurt, and Tokyo as Mammon’s international nexus. Yet the 325,000 souls who operate in the UK capital’s financial hub have now overtaken their New York rivals in the size of the funds managed (including offshore business); they hold 70% of the global secondary bond market and the City dominates foreign exchange trading. And its institutions paid out £9 billion in bonuses in December. The Square Mile has now spread both eastwards from EC3 to Canary Wharf and westwards into Mayfair, where many of the private-equity ‘locusts’ and their hedge-fund pals now hang out. For foreigners in finance, London is the place to be. It has no Sarbanes-Oxley and no euro to hold it back, yet the fact that it still flies so high is against the odds. London is one of the most expensive cities in the world to live in, transport systems groan and there’s an ever-present threat of terrorist attack. But, for the time being, the deals just keep on getting bigger.

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London has surpassed its rivals and has dominated global financial markets to become the world’s mighty money capital due to its judicial and currency advantages even though the expansion progress was not smooth.

2. Read and summarize written text in your words.

The French Revolution was caused by economic problems, inequalities in society, the poor leadership of King Louis XVI, and Enlightenment ideas. Leading up to 1789 France was experiencing difficult economic problems throughout their society. Aiding the 13 colonies in the Revolutionary War further weakened the French treasury.

King Louis XVI and the French nobility conflicted on how to increase revenue because France had an unequal tax system. The nobility and clergy, wealthiest of French society, were exempt from taxation. Most of the government’s income came from the working merchant class and peasant class. The nobility was unwilling to change their tax status leading the French government into bankruptcy.

Along with economic problems came food shortages that arose from several crop failures throughout the 1780’s. Bread was scarce causing extremely high prices. Peasants not only heavily taxed, but many were starving.

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61 Comments

  • London has surpassed its rivals like New York and Tokyo, and dominates foreign exchange trading by competing against the odds yet continues to get bigger; furthermore, this transition was not entirely smooth.

    Economic instability was the prominent factor for the French Revolution because the unequal tax system prevented nobility from paying taxes; on the other hand, only working groups suffered by extreme tax rates forcing the French government into bankruptcy.

  • In the late 1780’s, French economy was completely collapsed and bankrupted due to unequal tax policies between rich and poor community of people and several other issues including poor management, which had led to shortage of food and very high prices on basic goods.

  • France’s unequal tax system was the main economic problem that lead to The French Revolution where peasants were highly taxed even though they were starving.

  • The French revolution was caused majorly by economic problems and poor leadership of Kind Louis XVI and conflict raised between the king and French nobility in expanding revenue because France has an unequal tax system but later peasants were heavily taxed.

    Could you please verify and provide your valuable feedback

  • The economic problem of France was due to unequal taxation, which freed the rich from paying tax and the leaders didn’t change the system, which led the country to bankruptcy, and this including the inequalities in the society and Enlightenment ideas resulted in the French Revolution.

  • After the Revolution in French, the leadership of the King Louis XVI facing economic difficulties due to the conflicts between King Louis and French nobility on increasing the revenue due to the unjustified tax system, later on, because of poor leadership between two, economic problems lead to the food shortage.

    Dear Author
    Please review and give feedbacks

  • Inequality in society in the form of unfair tax system, various social problems and poor governance of King Louis XVI in France led to the French revolution, food shortages and, finally, to starvation.

  • In the late 17th century, because of various causes, namely unequal taxation, aiding in the Revolutionary War etcetera, the government of France was financially bankrupt hence, resulting The French Revolution.
    Please comment.*

  • Unequal tax system and poor leadership from King Louis XVI are the major causes of French Revolution during which France suffered economic problems as well as food shortages.

    @@ Author please review.

  • Despite being one of the most expensive city in the world, London has overtaken many of its rivals to dominate the world markets in secondary bonds and foreign exchange trading.

  • The social and economic issues in France was intensified during the time of King Louis XV1, who was unable to control the tax burden on poor people, and the noble class was unwilling to pay the tax, and the food shortage had even worsened the situation, and eventually lead to French revolution.

  • Despite having faced several road blocks, from the starting of the trade business by a tiny group of coffee house owners until now, London still holds the key of the predominant player in global stock exchange business, and are ahead of her rivals like New York.

  • The Frech Revolution was caused by economic problems and inequalities in society due to the poor leadership of King Louis XVI,
    they have unequal tax system due to which the rich and whealthiest frech society were exempted,and most of the tax was paid by merchant class and peasant class,
    this was the main cause for the French government to lead into bankrupt.

    Author please reply for this.

  • The main cause of the French revolution was the economic condition which was a byproduct of war and an unfair taxing system during the reign of King Louis XVI.

  • Please review:

    French Revolution under leadership of King Louis XVI was result of many factors such as poor economic conditions, food shortage which arouse from multiple crop failures, inequalities of society mainly due to unequal tax system and poor leadership of French government in generating revenue.

    • – the leadership
      The noun phrase ‘leadership’ seems to be missing a determiner before it. Consider adding an article

      – the result or a result
      The noun phrase ‘result’ seems to be missing a determiner before it. Consider adding an article

      – Possibly confused word
      arouse → arose
      The word arouse doesn’t seem to fit this context. Consider replacing it with a different one

      – the unequal tax system
      The noun phrase ‘unequal tax system’ seems to be missing a determiner before it. Consider adding an article.

  • In late 1986,when the London surpassed New York, Frankfurt, and Tokyo as Mammon’s international nexus, Some people operated UK capital’s financial hub and overtook New York rivals in the size of the funds managed and dominated foreign exchange trading, Inspite of all these, London is the best city to live in as it also have the advantage of ever-present threat of terrorist attack.

    Author Please check.

    • – , when
      It appears that you have improperly spaced some punctuation. Consider adding a space.

      – have → has
      The verb have does not seem to agree with the subject it. Consider changing the verb form

  • The French Revolution, under the leadership of King Louis XVI, was caused by economic glitches, inequalities in society, the poor leadership, and along with economic problems came food scarcities that arose from several crop failures throughout the 1780’s, thus leading the French government into bankruptcy.
    Please comment

    • The word ‘economic’ appears repeatedly in this text. Consider using a synonym in its place (financial)

      Rest everything is good

  • London financial hubs have now overtaken their New Yorks rivals in size of the funds they managed; they hold majority of the global secondary bond market and the city dominates the foreign exchange trading, and for foreigner London is the place to be as it has no Sarbanes-oxley and no euro to hold it back even though the progress was full of challenges.
    Author Please comment

    • Possibly confused word

      Yorks → York
      The word ‘Yorks’ doesn’t seem to fit this context. Consider replacing it with a different one.

      , and

      It appears that you are missing a comma before the coordinating conjunction and in a compound sentence. Consider adding a comma

      oxley → Oxley

      It appears that the word ‘oxley’ may be a proper noun in this context. Consider capitalizing the word.

  • Revised
    The French Revolution started during the reign of King Louis XVI due to his poor leadership, inequalities in society and unequal tax system which led government to bankruptcy bringing in economic crisis and food shortages.

    • the government

      The noun phrase government seems to be missing a determiner before it. Consider adding an article.

  • During the reign of King Louis XVI, French Revolution started due to his poor leadership, inequalities in society and unequal tax system which led government to bankruptcy bringing in economic crisis and food shortages.

  • During 1780 in France, the peasants and merchant class suffered heavily from crop failures resulting in food shortage which led to outbreak of the French Revolution,
    while economic problems, inequalities in taxation and society, poor leadership and enlightenment ideas are the added factors which influenced it.

  • The London Stock exchange holding 70% of global secondary bond market and dominates foreign exchange has overtaken the Newyork exchange in the size of funds managed, while London being one of the expensive cities and financial capital, is the home for foreigners in finance and flies high against the threat of terrorist attack.

  • The main reason behind French revolution is King Louis XVI poor economic policy as well as war, further king taxed people from lower society and there were shortage of food causing high price

  • Hello Author, Please provide your feedback.

    London is the prime financial hub, which has surpassed many countries like New York, Frankfurt and Tokyo over the years in terms of global secondary bond market and also foreign exchange trading, yet, it still flies high against the odd and ranking high in terms of the global ranking.

  • Major factors contributed to the French revolution were the poor leadership of King Louis, inequalities in society, economic problems due to unequal tax system and crop failures, led the French government into bankruptcy.

    AUTHOR REVIEW PLEASE

    • The French Revolution under the leadership of King Louis commenced due to unequal tax system, inequalities in societies, economic problems and food shortage, which led the French government into bankruptcy.

      Author Check please

        • How is it the best? the summary is a the exact copy of the Passage, don’t mislead us with false answer.

          The Answer should be more like this, which covers the major aspect of the passage :

          France experienced even more economic issues after helping colonies in the Revolutionary War, with denial of the wealthiest and only peasants paying taxes the government suffered bankruptcy, after starvation of peasants with crop failures revolution broke out.

  • Not only a detrimental impact on French economy due to poor leadership of King Louis XVI and unequal tax systems, but also shortage of food due to crop failures, led to French Revolution in 1789.

  • Economic problem with food shortages, in equalities in society where the rich did not pay tax, a war-weaken treasury, along with the poor leadership of King Louis XVI lead to the French Revolution.

  • The progress of becoming the world’s mighty capital money was not easy for the band of stockbrokers from Jonathan’s Coffee House, but against all the odds, London has surpassed New York, becoming the place to be for foreigners in finance despite its expensive cost of living and tiring transport systems.

  • The French Revolution under the leadership of King Louis XVI commenced due to: unequal tax system, Tax exemption for The richest French nobility and clergy and food shortage, although most of the regime’s tax came from merchant class and peasant people still poor people heavily taxed and were starving.

  • In 1780’s, there was not only a detrimental impact on France economy due to poor leadership of King Louis XVI and unequal tax structure but also food shortage due to several crop failures.

  • London – one of the most expensive city in the world, whose progress was not entirely smooth as Sea Bubble burst in 1720 followed by coffee house burned down in 1748 and Bing Bang in 1986, holds 70% of global secondary bond market though the threat of terrorist attack is always there.

  • The France was looking distinct options to amplify its revenue growth because France’s tax system was biased and doesn’t restrict to rich people to pay the taxes; therefore, numerous issues such as economic instability, disparity within society, and lack of leadership roots the revolutionary changed in France.

    • Revised — The France was looking distinct options to amplify its revenue growth because France’s tax system was biased and doesn’t restrict to rich people to pay the taxes and that numerous factors contributed to revolutionary changed in country namely economic instability, variation within societies, and lack of leadership.

  • The city of London is the financial hub for foreigners to invest because, despite its high cost of living and terror fear, London has surpassed its rivals and hold 70% of the global secondary bond market and foreign exchange in the city even though the expansion process was not smooth.

  • Several economic, social and patriachic issues under the poor leadership of king Louis XVI led to the development of French Revolution. The major resons were social inequalities, high tax levying on peasants,where other classes like clergy and nobility were exempted. This led to furry and demand for equality and justice leading to the said revolution.

  • Despite initial failure London stock exchange, it surpasses the top leaders of fund management of different country by holding 70% of the global secondary bond market, the city dominates foreign exchange trading; notwithstanding London being the most expensive city in the world and threat of terrorist attack it is still the number one choice for global investors.

    • Very crisp answer aber there are small grammatical mistakes which do not make it a single sentence. I don’t want to be a smart mouth here, just point it out to you. 🙂

  • The unequal taxation in France leads French government into bankruptcy, causes economic problem and imbalance in French society, along with economic failure, poor governance, and foods shortage scared the society which leads into the French Revolution.

  • The Revolutionary war and unequal tax of French made country economy week, as King Louis XVI and others were conflicted on how to increase revenue as rich people were exempted from tax, crops also got failure which made middle class people to suffer more from heavy taxes and high prices on food.

  • Despite the initial failure of London Stock brokering, it surpassed the top leaders of fund management of different country by holding 70% of global secondary bonds and even though threats of terrorist attacks, still it was the number one choice of global investors.

  • When no body thinks that London will dominate the international finance market a small group from London become founder. There were many ups and down in the London stock market but London dominate other big stock market of the world. London is the most attractive place for finance people. In spite of poor transportation and threat of terrorism London is still priority for finance world people.

  • The author is representing the reasons of French revolution and how King louis XVI was created the most worst situations in the french.

  • Factors contributed to French revolution were poor leadership, inequality in society, collecting higher taxes from poor’s and aiding 13 colonies in the revolutionary war leading the government to bankruptcy.

  • London stockbroking despite their initial failures surpassing the top leaders in size of funds managed and holds 70% of the global secondary bond, despite it is expensive and threats of terrorist attacks it is still be the number one choice for the global investors.

  • London, despite being one of the expensive cities with poor transport systems, no laws governing trades and threat of terrorist attacks dominates foreign exchange trading, holding 70% of the global secondary bond market overtaking rivals in New York, Frankfurt and Tokyo in the size of fund managed and is a favorite of foreigners in finance still flies high against the odds.

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