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Unit 3
Time to rebalance
Exercises
Answer the questions on the text.
How did Steve Hilton feel when Lehman Brothers collapsed?
The world was coming to an end.
What did Mr. Hilton do to save his company?
Giving up options to buy thousands of lots.
Laying off 3/4 of his employees.
Redesigning his houses to cut construction cost.
Serving customers with guaranteed payment.
In what sense America as a country is similar to Mr. Hilton’s company?
Dismissing workers in the whole country and experiencing one of the worst economic recessions in history.
What does “the biggest transformations” mean?
Macro
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