A detailed and well-written 500 words or less essay response; additional information:

Criteria: sincerity, creativity, thoughtfulness, and factual credibility.

Essay question:

• “Nowadays people know the price of everything, and the value of nothing.”

– Oscar Wilde, The Picture of Dorian Grey

• Do you think this is true of today? Has this changed since Oscar Wilde wrote it in 1890?

• If so, what changed? Please provide examples to support your position.

Answer preview

Many people confuse the interpretation of price and value. The two words have different meanings when related to real-life situations. Generally, value is extra subtle than the price of anything that has an economic picture. People may be aware of the price but do not know the value. Thus, individuals may choose to buy a commodity with more worth to them at whatever…

 

(550 words)