For the GMAT Verbal section, on Critical Reading and Reading
Comprehension, you are not expected to have specialized
expertise in the topics they discuss. Sometimes, though, it is
particularly helpful to have general real world knowledge. If
you make a habit of reading regularly– either a good newspaper
(the New York Times, the Wall Street Journal, etc.) or the
Economist magazine– then probably you will have a very good
sense of the “push and pull” of real world situations. If your
GMAT is soon, and you don’t have time to get up to speed with
everything about the practicalities of business, economics, and
politics in the real world, this is the first post in a series
of five real-life areas you should be familiar with: knowing
these can only help you interpret these verbal questions. Each
article will have hyperlinks to articles with more information,
if you find the content new or unfamiliar. Again, no question
will automatically expect you to know any of these inside out,
but insofar as you understand these