Abstracts are one-paragraph summaries of an article. The first sentence of the abstract summarizes the main idea of the article while the rest of the paragraph provides supporting detail. Your abstract should be followed with one or two sentences giving your opinion of what was discussed in the article. Also, include a citation so your fellow students can read the article. Be sure to space between the abstract and your discussion so we can tell when your opinion starts.
You should choose articles dealing with a global economic focus that have been published in the Wall Street Journal, New York Times, or Atlanta Journal-Constitution during the 7 days preceding your posting. You can use print version or online versions of the newspapers. You can also use other reputable newspapers such as the Washington Post or Financial Times. Make sure that the article has a global impact.
Here is an example of a student’s abstract and the response from a classmate. Hover your mouse over the text in bold to learn more about expectations for this assignment:
This article is about young entrepreneurs in Cuba who are targeting American clients in order to make a decent income. These entrepreneurs have little to no access to the internet in their homes so they rent time on friends’ connections in order to send their work to foreign clients. These self-taught Software developers, web designers, accountants, and translators manage to sell their skills despite poor and expensive internet access. And since the United States authorized Americans to import goods and services from Cuban entrepreneurs for the first time in half a century, they are getting more American customers and business is booming.
I found this article very interesting because it shows how the world is connected due to the internet. We can now live in one country and work in another and get higher profits due to the different cost of living. These young entrepreneurs have not limited themselves and are selling their skills on sites such as Freelance.com to foreign clients. Even though they have limited access to internet, they manage to make work in hope of getting a better life. On the other hand, the foreign clients are getting access to cheaper labor and therefore having higher profits. It seems to be a win-win for both parties involved.