full transcript
From the Ted Talk by Jacqueline Novogratz: What it takes to make change
Unscramble the Blue Letters
Take chocolate. It's a hundred-billion-dollar iudtsnry dependent on the lboar of about five million smallholder farming families who receive only a tiny fraction of that 100 billion. In fact, 90 percent of them make under two dlolras a day. But there's a generation of new eerurrneeptns that is trying to cghnae that. They start by understanding the production costs of the farmers. They agree to a pcire that allows the farmers to actually earn income in a way that will sustain their lives. Sometimes idnluncig revenue-share and ownership mldoes, building a community of trust. Now are these companies as profitable as those that focus solely on shareholder value? Possibly not in the short term. But these entrepreneurs are fcusoed on solving problems. They're tired of easy slogans like "doing well by doing good." They know they have to be financially sustainable, and they are insisting on including the poor and the vulnerable in their definition of success.
Open Cloze
Take chocolate. It's a hundred-billion-dollar ________ dependent on the _____ of about five million smallholder farming families who receive only a tiny fraction of that 100 billion. In fact, 90 percent of them make under two _______ a day. But there's a generation of new _____________ that is trying to ______ that. They start by understanding the production costs of the farmers. They agree to a _____ that allows the farmers to actually earn income in a way that will sustain their lives. Sometimes _________ revenue-share and ownership ______, building a community of trust. Now are these companies as profitable as those that focus solely on shareholder value? Possibly not in the short term. But these entrepreneurs are _______ on solving problems. They're tired of easy slogans like "doing well by doing good." They know they have to be financially sustainable, and they are insisting on including the poor and the vulnerable in their definition of success.
Solution
- including
- change
- industry
- models
- labor
- dollars
- price
- focused
- entrepreneurs
Original Text
Take chocolate. It's a hundred-billion-dollar industry dependent on the labor of about five million smallholder farming families who receive only a tiny fraction of that 100 billion. In fact, 90 percent of them make under two dollars a day. But there's a generation of new entrepreneurs that is trying to change that. They start by understanding the production costs of the farmers. They agree to a price that allows the farmers to actually earn income in a way that will sustain their lives. Sometimes including revenue-share and ownership models, building a community of trust. Now are these companies as profitable as those that focus solely on shareholder value? Possibly not in the short term. But these entrepreneurs are focused on solving problems. They're tired of easy slogans like "doing well by doing good." They know they have to be financially sustainable, and they are insisting on including the poor and the vulnerable in their definition of success.
Frequently Occurring Word Combinations
ngrams of length 2
| collocation |
frequency |
| moral imagination |
4 |
| young woman |
2 |
| moral revolution |
2 |
| hot bring |
2 |
Important Words
- agree
- billion
- building
- change
- chocolate
- community
- companies
- costs
- day
- definition
- dependent
- dollars
- earn
- easy
- entrepreneurs
- fact
- families
- farmers
- farming
- financially
- focus
- focused
- fraction
- generation
- good
- including
- income
- industry
- insisting
- labor
- lives
- million
- models
- ownership
- percent
- poor
- possibly
- price
- problems
- production
- profitable
- receive
- shareholder
- short
- slogans
- smallholder
- solely
- solving
- start
- success
- sustain
- sustainable
- term
- tiny
- tired
- trust
- understanding
- vulnerable