The Reading / Listening - Crowdfunding - Level 2

Malaysians gave nearly $2 million to help their country with its national debt. Malaysia has a new party in power for the first time since 1957. It promised to fix the problems left by the past government. One of these problems is the huge national debt. Malaysia's new leaders say the old government lost a lot of money. They want to put that right. The government used a new way of raising money - crowdfunding. This means setting up a special page on the Internet to raise cash. People can give money to the page using their credit card.



The $2 million raised so far is very small. It is just a drop in the ocean compared to the country's $251 billion debt. This is about 80 per cent of Malaysia's economy. Malaysia's finance minister said it was important for people to help the country. He said: "The people voluntarily want to share their earnings with the government to [help]." The idea came from a 27-year-old Malaysian lady. She said she was, "very much in love with and proud" of her country. She started a fundraising effort that very quickly attracted interest from like-minded people who also wanted to help.

Try the same news story at these levels:

    Crowdfunding - Level 0 Crowdfunding - Level 1   or  Crowdfunding - Level 3

Sources
  • http://www.bbc.com/news/business-44327407
  • https://www.straitstimes.com/asia/se-asia/malaysians-donate-s235m-in-24-hours-to-hope-fund-set-up-to-help-reduce-national-debt
  • http://www.businessinsider.com/malaysia-started-a-crowdfunding-campaign-to-pay-off-debt-2018-6


Make sure you try all of the online activities for this reading and listening - There are dictations, multiple choice, drag and drop activities, crosswords, hangman, flash cards, matching activities and a whole lot more. Please enjoy :-)



Phrase Matching

Paragraph 1

  1. help their country with its
  2. problems left by the
  3. the old government lost
  4. They want to put
  5. a new way of
  6. a special page
  7. raise
  8. using their credit
  1. raising money
  2. national debt
  3. card
  4. a lot of money
  5. past government
  6. cash
  7. that right
  8. on the Internet

Paragraph 2

  1. The $2 million raised
  2. It is just a drop
  3. compared to the country's
  4. important for people to
  5. share their
  6. she was very
  7. proud
  8. like-minded
  1. $251 billion debt
  2. of her country
  3. earnings
  4. in the ocean
  5. much in love
  6. so far
  7. people
  8. help the country

Listening — Listen and fill in the gaps

Malaysians gave nearly $2 million (1) ___________________ country with its national debt. Malaysia has a new (2) ___________________ for the first time since 1957. It promised (3) ___________________ problems left by the past government. One of these problems is the (4) ___________________. Malaysia's new leaders say the old government lost a lot of money. They want to put that right. The government used a new (5) ___________________ money - crowdfunding. This means setting up a special page on the Internet to raise cash. People can give money to the (6) ___________________ credit card.

The $2 million raised (7) ___________________ very small. It is just a drop (8) ___________________ compared to the country's $251 billion debt. This is about 80 per cent of Malaysia's economy. Malaysia's finance minister said it (9) ___________________ people to help the country. He said: "The people voluntarily want to share (10) ___________________ the government to [help]." The idea came from a 27-year-old Malaysian lady. She said she was, "very much in love (11) ___________________" of her country. She started a fundraising effort that very quickly attracted interest from like-minded people (12) ___________________ to help.

Put a slash (/) where the spaces are

Malaysiansgavenearly$2milliontohelptheircountrywithitsnationalde
bt.Malaysiahasanewpartyinpowerforthefirsttimesince1957.Itpromi
sedtofixtheproblemsleftbythepastgovernment.Oneoftheseproblem
sisthehugenationaldebt.Malaysia'snewleaderssaytheoldgovernmen
tlostalotofmoney.Theywanttoputthatright.Thegovernmentusedane
wwayofraisingmoney-crowdfunding.Thismeanssettingupaspecialpa
geontheInternettoraisecash.Peoplecangivemoneytothepageusingt
heircreditcard.The$2millionraisedsofarisverysmall.Itisjustadropint
heoceancomparedtothecountry's$251billiondebt.Thisisabout80per
centofMalaysia'seconomy.Malaysia'sfinanceministersaiditwasimpor
tantforpeopletohelpthecountry.Hesaid:"Thepeoplevoluntarilywantt
osharetheirearningswiththegovernmentto[help]."Theideacamefro
ma27-year-oldMalaysianlady.Shesaidshewas,"verymuchinlovewith
andproud"ofhercountry.Shestartedafundraisingeffortthatveryquick
lyattractedinterestfromlike-mindedpeoplewhoalsowantedtohelp.

Student survey

Write five GOOD questions about this topic in the table. Do this in pairs. Each student must write the questions on his / her own paper. When you have finished, interview other students. Write down their answers.

(Please look at page 12 of the PDF to see a photocopiable example of this activity.)

Discussion — Write your own questions

STUDENT A’s QUESTIONS (Do not show these to student B)

(a) ________________

(b) ________________

(c) ________________

(d) ________________

(e) ________________

(f) ________________

(g) ________________

(h) ________________

STUDENT B’s QUESTIONS (Do not show these to student A)

(i) ________________

(j) ________________

(k) ________________

(l) ________________

(m) ________________

(n) ________________

(o) ________________

(p) ________________





Free writing

Write about this topic for 10 minutes. Comment on your partner’s paper.

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Answers

(Please check your answers against the article above.

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