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.

It is considered by some that spending

money

is a positive benefit for national

economic, while t

Accept comma addition

national, economic

here are other who think that people should save

money

. In my opinion, I believe that it depends on exactly what a country's situation is to decide whether spend

money

or save it.

Firstly

, when it comes to economic development, governments should encourage people,

such

as tourists, to spend more

money

in order to stimulate the economy.

This

is because when the number of tourists purchase products or eat in the restaurants,

this

supports local business to run their firms efficiently, which influences the increase of a country's GDP growth rate. What is more, many new businesses will open due to high customer demand, apart from creating more job opportunities.

On the other hand

, it is widely argued that people should save

money

for old age as governments can provide much completely social welfare. If too many residents squander

money

randomly, resulting in falling into debt, governments will need to primarily tackle financial problems as well as they cannot offer assistance to individuals and families in needs.

This

also

brings other detrimental effects,

in particular

, health care or transportations are hard to be improved due to lack its budget so people should take into account the issues above and save

money

for their future. In conclusion, countries economy is related to earn more excise duty from tourists and prevent incurring debt from residents. If people arrange their save and expenditure properly, I believe the country's economy will have positive growth.