Breaking English
(Showing up the short video of
economic freedom)
Host : Good morning ladies
and gentlemen I’m Zulfansyah and I’m Minda Br. Sembiring welcome to Breaking
English. In this morning, we will talk about the exclusive news is “The Economic
Freedom”. And now we are live in North Sumatera University. So, lets give applause
for us.
Co-Host : Alright, but at the
first time of this session you have watched the short video about the economic
freedom. And also, right now we have 4 resourcers, and they are:
1. Miss
Rizqa Zahara as Professor of Economic of North Sumatera University
2. Miss Lavina
Br. Marbun as Profesional Economist
3. Mr. M.
Haikal Mirza as Governor of Bank of Indonesia
So, please give
applause and welcome for them.
(The four resourcers come in)
Host : How are you mr and
miss? Alright, welcome to all of you here in Breaking English. Today, we have a
good topic that’s about “The Economic Freedom”. Oke, without wasting the timeb
anymore, directly, for the first question actually, what is the economic
freedom? Alright, firstly I wanna hear the answer from you miss Rizqa Zahara.
Resourcer 1: Oke, good morning. Well, as well as we know about the economic
freedom I think that is about the freedom. I mean freedom in everything of parts
of the economics.
Co-Host : Are you serious free in
everything of parts of the economics?
Resourcer 1: Absolutely yes. Because we are talking about the economic
freedom. For the example a person is economically free, if he can do what he
wishes and wants with his own property, time, and effort.
Co-Host : How about you miss
Lavina? What’s the economic freedom in your mind?
Resourcer 2: I think economic freedom is the key to reach opportunity and
an improved quality of life. I mean it’s the freedom to choose how to produce,
sell, and use your own resources, while respecting others’ right to do the
same. While a simple concept, economic freedom is an engine that drives
prosperity in the world and is difference between why some societies thrive
while others do not.
Host : Okay. Economic
freedom has the limits but sometimes in some countries the limits are very-very
complex, but in others the limits are relatively simple and even easyly. So,
What’s your opinion about it miss Lavina?
Resourcer 2: In my opinion, I agree with the statement that sometimes in
some countries the limits are complex, but in others they are relative simple.
So, I think it is usual because every country is difference and also has
difference systems of economic. Also I agree with the simple concept, economic
freedom is an engine that drives prosperity in the world and is difference between
why some societies thrive while others do not. For
analytical understanding and presentational clarity, the 10 economic freedoms
are grouped into four broad categories of economic freedom:
·
Rule of law (property rights,
freedom from corruption);
·
Government size (fiscal freedom,
government spending);
·
Regulatory efficiency (business
freedom, labor freedom, monetary freedom); and
·
Market openness (trade freedom,
investment freedom, financial freedom).
Co-Host : Alright, this session is the question time but, we are going
to receive only three questions. Any question students?
Asker1 : Honesty, what is the impact of economic freedom? Thank you.
Host : Thank you so much for the question. Okay, please mr. M.
Haikal Mirza we need your answer. What’s the impact of economic freedom?
Resourcer 3: The positive
impact of economic freedom is to support economic growth in a country and as a
function of four factors: the capital, labors, human capital, and technology.
The economic freedom gives freedom in production and trade without interference
from others. The negative is in all communities, of course, limits are set upon
this personal freedom. All individual citizens are required to conform to the
laws by their governments. So, economic freedom of action can cause great
difficulties, because the freedoms of various individuals will conflict. If
citizens were in free, some landowners might build factories unsuitable places.
Resourcer 1: In additional, If
there was no system of control, factory-owners might make their employees work
to long each day. If they were in free, workers might stop working when they
got their first pay, and come back to do more work only when they needed more
money. Such economic freedom could create a very unstable economy.
Asker 2 : Today our topic is about “The Economic Freedom”, I think economic freedom has the
limits so, can you tell me about it? Thank you.
Co-Host : Okay, thank you for
the question. So, please it’s your time mr. Rizki Pebriansyah.
Resourcer 4: Well, I think everyone who got a freedom can take the
chances as possible as they can with three components those are they own
property, time, and effort. So that, the government can not interference them
to growing up their economic freedom. But sometimes if you were in economic
freedom situation you will fight with others how growth your business.
Resourcer 3: In additional, the citizens with economic freedom must to
conform to the laws made by their governments but sometimes the laws related to
economic conditions. So that, sometimes the citizens help the employers,
sometimes they protect the interest of the workers. I think those all.
Asker 3 : I have the question,
what are the countries include as a big ten to undertake economic freedom? Thank
you.
Co-Host : So let answer the
question mr. Rizki Pebriansyah.
Resourcer 4: The countries which include in a big ten to undertake
economic freedom are Hongkong (skore 9,05), Singapore (skore
8,7), New Zealand (skore 8,27), Switzerland (skore 8,03), United
States (skore 7,96), Canada (skore 7,95), Australia (skore 7,9), Mauritius
(skore 7,82), and England (skore 7,81), and there is Chili (skore 7,01).
Host : Okay, is it clear?
Asker 3 : Yes, thank you.
Host : Alright. We have
quiz to all of you the students of North Sumatera University. And if you can
answer the quiz you’ll get a reward from us. Who’s to be ready to get a reward
from us?
Student : I am.
Host : Okay, so let
introduce yourself first.
Student : Thank you, my name is
Ryandi Bashkara from Economic Development in North Sumatera University.
Host : Nice, so directly,
give him the question Minda, and you listen carefully.
Co-Host : Okay Zulfan. For you
the question is please tell us only five countries which undertake economic
freedom?
Student : Okay, five countries
which undertake economic freedom are Singapore, United States, Canada,
Hongkong, and the last is England.
Host : Good job. So, this
is for you. Congratulation.
Student : Thank you.
Host : Okay, last but not
least, I wanna hear the final words from one of you our majesties about economic
freedom. I think will represent by you miss Rizqa Zahara. So, please.
Resourcer 1: Well, in my opinion economic freedom is about the freedom. I
mean freedom in everything of parts of the economics. In the example a person
is economically free, if he can do what he wishes and wants with his own
property, time, and effort to reach opportunity and an improved quality of life
and to choose how to produce, sell, and use your own resources. I mean like
that.
Host : Alright, I think it
has finished.
Co-Host : Yes.
Host : Okay, thank you so
much for your attention the audience and also thank you so much to all of you
mr and miss. But always remember for watching us in Breaking English. And…
Host and Co-Host : See you next time.
The
Roles
1. Host :
Zulfansyah
2. Co-Host :
Minda Br. Sembiring
3. Resource 1 :
Rizqa Zahara
4. Resource 2 :
Lavina Br. Marbun
5. Resource 3 :
M. Haikal Mirza
6. Resource 4 :
Rizki Pebriansyah
7. Asker 1 :
Milda Aulia Hasibuan
8. Asker 2 :
Qodri Azwansyah
9. Asker 3 :
M. Jauhari Siregar
1.Student :
Ryandi Bashkara