7 IELTS Essay Questions on Business & Money

By | November 24, 2015

Practice writing about these IELTS essay topics on business & money. For a higher score, use IELTS-level vocabulary in your essay. Vocabulary words are provided for each topic to help you.

1. Giving to Other Countries

Some people believe it is the obligation of wealthy countries to give money to countries that need it. Others argue that every country has the right to spend its money as it sees fit.

Discuss both these views and give your own opinion.

IELTS VOCABULARY – poverty, corrupt, solution, problem, moral, ethical, advantage, program, design, investing, design, suffer, donate, resources, tackle, risk, solve, barriers, debts, monitor, cooperation

Ielts blog - credit card spending - Task 2 Essay Writing

2. Using Credit Cards

Paying with a credit card is a common habit nowadays. Credit cards make it easy to buy now and pay later.

What are some problems caused by credit card overuse and what can be done about these problems?

IELTS VOCABULARY – shopping, addiction, financial, cost of living, discipline, saving, habit, delayed gratification, impulse, consumers, luxury, necessity, enjoyment, social pressure, competition, anxiety, consumer debt, borrowing

3. Moving Businesses to Other Countries

Corporations in wealthy countries are closing down their factories and moving the factories to less-developed countries.

What are the advantages and disadvantages of this trend?

IELTS VOCABULARY –  pollution, taxes, development, income, change, benefit, harm, regulations, poverty, production, cost, outsourcing, communication, unemployment, foreign, cause, effect

4. Large Chain Stores

In many places, large chain stores are dominating local economies, making it difficult for small businesses to survive.

What are the advantages and disadvantages of having such stores?

IELTS VOCABULARY –  drawbacks, competitive, access, variety, pricing, discount, personalize, familiar, employees, convenient, support, effect, balance, loyalty, contribute, cost, support, local, effect

5. Personal Spending Habits

When it comes to material possessions such as clothing and household items, some people prefer to spend less and buy more things. Other people prefer to have only a few items, and they do not mind spending more on these items.

Discuss both these views and give your own opinion.

IELTS VOCABULARY – personal values, satisfaction, contentment, habits, needs, influence, values, goals, decision, minimal, luxury, quality, durability, tempted, value

Soda Cans - Coke and Pepsi

6. Effects of Advertising

Today, the high sales of popular consumer goods reflect the power of advertising and not the real needs of the society in which they are sold.

To what extent do you agree or disagree?

IELTS VOCABULARY – advertisements, television, online, sales, encourage, purchase, decisions, quality, impulse buying, product, needs, motivation, spending habits, discipline, financial goals, gratification, satisfaction, opinions, control, pester, deceive, persuade, peer pressure

7. Wealthy Professional Athletes

Successful sports professionals can earn a great deal more money than people in other important professions. Some people think this is fully justified while others think it is unfair.

Discuss both these views and give your own opinion.

IELTS VOCABULARY – advertising, revenue, contribute, provide, sales, contracts, corporations, value, generate, income, popular, tickets, endorsements, stress, talent, commitment, entertainment, commitment, dedication, payoff, reward

Did you write an essay on one of these topics? If so, share your IELTS essay with me to get some help!  

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