Please rate my essay as well.
The following appeared as part of an article in a magazine devoted to regional life:
“Corporations should look to the city of Helios when seeking new business opportunities or a new location. Even in
the recent recession, Helios’s unemployment rate was lower than the regional average. It is the industrial center of
the region, and historically it has provided more than its share of the region’s manufacturing jobs. In addition, Helios
is attempting to expand its economic base by attracting companies that focus on research and development of
innovative technologies.”
Discuss how well reasoned . . . etc.
------------------
MY RESPONSE
------------------
In the given argument, author concludes that Helios is a paradise for all the corporations that want to setup new offices or are looking for new business opportunities. To support his conclusion, he provides factors like Helio's low unemployment rate, city's significance in terms of providing manufacturing jobs and being an industrial center and city's economic expansion to attract more research and development companies in future. Although, initially these factors seem to be adding up to author's conclusion but when analyzed carefully, author's conclusion has 2 major flaws.
First, a city with already low unemployment rate would not be able to offer skilled people to work in newly setup companies. Also, city that is already industrially saturated would have very high cost of living and hence, not many people from outside the city would want to move to Helios. Commuting to city like Helios that is an industrial hub, might also not be an easy task because of heavy traffic. Additionally, author states that Helios is planning to provide economic support to companies that do R&D on innovative technologies. So, it is possible that city might eventually cut the funds/ change the policies favoring other kinds of industries. In that case, it will be risky for companies, other than those focused on R&D & innovation, to setup a base in Helios and it would be better to wait for the final economic decision of city's authorities.
In conclusion, the argument lacks statistics around current population of the city, cost of living, land availability for industrial as well as residential purposes, economic policies for different types of industries etc. These factors play very important role in making a city attractive for companies as well as for employees and hence, a much stronger argument can be made by analyzing these factors.