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Band 4

Some people think that it is better for a country's economy for people to spend money while others believe that it would be better for people to save money. Discuss both sides and give your opinion.

#people #country #economy #money
The importance of
money
 in
increasing the
Accept comma addition
increasing, the
economy
 of a
country
 cannot be overemphasized. While most people argue that it is beneficial to set aside funds, I completely agree that spending boost the
country
's providence.
To begin
, supporters of the idea that savings is more advantageous to the
economy
 believe that personal savings help the
economy
 to grow.
This
 is because
,
Accept space
,
they provide funds that bank lends to business owners.
For example
, a company borrows
money
 to build a new factory
,
Accept space
,
this
 investment leads to an increase in the company's output.More goods are
produced
Accept comma addition
produced, hence
hence
 increasing growth of the
country
's
economy
.
However I
Accept comma addition
However, I
 do not believe
this
 argument stand up to scrutiny.
This
 is because
increase
Suggestion
the increase
an increase
 in expenditure of funds is more beneficial to the
economy
 hoarding it because it is an essential condition for production and prosperity of the
country
.
Additionally
, there is increased cash flow during expenditure by buying and selling of goods and services
therefore
 increasing the economic wealth.To illustrate, if there is an increased demand for a particular product or service
,
Accept space
,
the supply for
this
 request is increased so there is a rise in the flow of
money
 in the
economy
. In conclusion
,
Accept space
,
I would argue
thatthe
Suggestion
that the
 benefits of disbursement of
money
 to the
economy
is
Suggestion
are
 greater than keeping up funds necessary for the
economy
.

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Topic Vocabulary:
  • Disposable income
  • Consumer expenditure
  • Economic growth
  • Financial security
  • Standard of living
  • Economic downturn
  • Savings rate
  • Investment
  • Infrastructure
  • Innovation
  • Market demand
  • Economic stability
  • Interest rates
  • Macroeconomics
  • Sustainable growth
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