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IELTS Free Online Writing Practice - QuestionShould Governments Subsidize EcoFriendly Businesses?

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Question:Should Governments Subsidize Eco-Friendly Businesses?

In this topic, candidates are expected to take a stance on whether or not the governments should provide subsidies to eco-friendly businesses. They should be able to present well-structured and coherent arguments, supported by relevant evidence and examples.

Model Answer:

Nowadays, environmental issues have become a significant concern worldwide. In this context, many governments are contemplating whether they should provide subsidies to eco-friendly businesses. This essay will argue that governments should indeed consider offering financial support to these enterprises in the form of subsidies, as it can foster sustainable development and encourage innovation.

Firstly, providing subsidies to eco-friendly businesses allows them to compete effectively with their conventional counterparts. The latter often have an economic advantage due to lower production costs and established market presence. Consequently, without governmental assistance, green enterprises might struggle to survive in the long run, hindering the progress towards sustainable development.

Secondly, financial support in the form of subsidies can help eco-friendly businesses invest in research and development (R&D) initiatives. This investment is crucial for creating new technologies and innovative solutions that reduce environmental impacts while ensuring economic growth. For example, companies that develop renewable energy sources or implement recycling systems require substantial capital investments. Governments' subsidies can significantly ease the financial burden on these enterprises, thereby promoting innovation and progress in the field of sustainability.

Moreover, governments can use subsidies as an incentive to attract eco-friendly businesses to their jurisdiction. This strategy benefits both parties: the government can promote sustainable development within its region, while the eco-friendly business enjoys financial advantages that allow for expansion and growth. In some cases, this might even create a domino effect, leading to the establishment of a whole ecosystem of green enterprises within a specific area.

Lastly, governments should consider subsidizing eco-friendly businesses as a way to foster social responsibility among corporations. By providing financial support, these companies are encouraged to adopt sustainable practices and contribute to the wellbeing of society and the environment. This approach not only helps address pressing environmental issues but also encourages a shift in consumer behavior towards more conscious consumption.

In conclusion, governments should indeed consider offering subsidies to eco-friendly businesses as it can foster sustainable development, encourage innovation, attract green enterprises to their jurisdiction, and promote social responsibility among corporations. While the idea of government intervention might spark debates over potential misuse of public funds, the benefits of such a policy seem to outweigh the risks.

Score: Band 9

The model answer provides a clear and well-structured response, addressing the question's topic from different perspectives while offering relevant evidence and examples. The argument is logical and coherent, demonstrating an understanding of the potential benefits of government subsidies for eco-friendly businesses.

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