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. What is your opinion about this?

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Several people thought that spending is necessary for the improvement of a country’s
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economy whereas
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economy, whereas
some people argued that saving
money
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is more beneficial. In my personal opinion, both factors are vital in boosting the
economy
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,
however
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, people should practice the sense of equality or balance in accordance with their needs and the nation. Arguably, people work hard and purchase everything they needed so as to improve their daily
living
Suggestion
lives
. Through
this
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, they can
fulfill
put in effect
fulfil
their necessities and helps in improving the
economy
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. As a matter of fact, the consumer spending accounts for about 70% in the
economy
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of a certain nation, meaning, as people continuously use their
money
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to purchase commodities, the companies
also
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increase their production per demand.
As a result
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, there will be an increase in economic value, leading in a successful
economy
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.
On the other hand
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, there are still people choosing to save for their future. But unknowingly, in some ways, people’s saving is vital to the whole country.
For instance
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, a buoyant businessman deposits enormous sums of
money
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in the bank as a savings account. The deposited
money
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is
then
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utilized by the bank in lending
loans especially
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loans, especially
in large companies, which is used for more investments.
Therefore
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,
the more investment
Suggestion
the more investors
will enhance a booming
economy
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.
Finally
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, in my opinion, the country’s
economy
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is benefited by people’s saving and spending,
however
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, in a certain degree it causes harm,
thus
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balance
Suggestion
the balance
is useful. In terms of spending, when it has been
fueled
heated, driven, or produced by burning fuel
fuelled
by credit cards, people will end up in huge debts caused by irresponsible use. With regards to saving, when people are too focus to save
money
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on the cost of consumption, the
economy
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will
also
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harm. In
others
not the same one or ones already mentioned or implied
other
words, if there is no
consumers
Suggestion
consumer
demand of a product, companies have no choice but to close due to bankruptcy, resulting in low income and lose jobs. To sum up, saving and spending
fulfill
put in effect
fulfil
the individuals and
economy
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needs.
However
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, too much in both ways will dangerously lead to unnecessary things, so, everyone should know when to spend and save for the sake of the whole. It is just a matter of balancing things in
proper way
Suggestion
a proper way
.
Submitted by prabhpreet3.pp on

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For we to consider an essay structure a great one, it should be looking like this:

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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