Economy 2 - Marvel EDU

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Practice Listening: Highlight Incorrect Words ID: #30145 Short Economy 2

Instructions ›

You will hear a recording. Below is a transcription of the recording. Some words in the transcription differ from what the speaker said. Please click on the words that are different.

* Click on the words that are different from what you hear

Result:

Correct Transcript:

I think the importance of creativity today really reflects a fundamental shift in the nature of the economy. You know, in the old days, wealth was created because in the industrial era, you manufactured something, you got economies of scale, you had long production runs, you were really efficient - you know, you could get a Model T, any color just so long as it was black. Right? So there was standardization. And there was a whole set of assumptions about how to manage, how to create an organization - you know, a typical kind of hierarchical organization - to make sure that things ran smoothly. Well, that may be great for a relatively stable era of history - relatively stable - but now things are fundamentally unstable - and so we need less economies of scale and more economies of discovery. Which means that the management approach, the organizational approach, has got to shift as well.

AI explanationShows the answer. Tap to open.

Printed "rift", the speaker says "shift"

Explanation: On the recording the words are "a fundamental shift in". The printed word "rift" is on the page. Both words end the same, so listen for the whole word.

Printed "everything", the speaker says "something"

Explanation: Listen again to "you manufactured something, you". The two words start with different letters, so listen from the first sound of that word.

Printed "effective", the speaker says "efficient"

Explanation: In the audio you hear "you were really efficient". The first letter is the same, so wait for the end of the word because they finish differently.

Printed "centralization", the speaker says "standardization"

Explanation: Here the speaker says "So there was standardization." The printed word "centralization" is on the page. The words start with different letters, so listen to the beginning to tell them apart.

Printed "presumptions", the speaker says "assumptions"

Explanation: The speaker says "a whole set of assumptions about", not "presumptions". The two words start with different letters, so listen from the word start.

Printed "functionally", the speaker says "fundamentally"

Explanation: Listen for "things are fundamentally unstable". Both words start with f and end the same, so listen to the middle to hear the difference.

Printed "recovery", the speaker says "discovery"

Explanation: You will hear "more economies of discovery." The printed word "recovery" is on the page. They start with different letters, so listen from the word start.

"Model" matches the audio

Explanation: "you could get a Model T, any color" is in the printed line. It looks like a brand trick, but the speaker says it exactly, so do not click it.

"hierarchical" matches the audio

Explanation: "a typical kind of hierarchical organization" appears in the text. The long word may look odd, but the speaker says it as written, so do not click it.

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