certain individual think that it is optimum for economic development of nation if people spend
. Others believe
shall be better for individuals to save
. In my opinion, I support the former notion of spending
because trade activity.
On the one hand, people thinking of spending
as it beneficial for the nation's economy and I agree. Trading activity in a country will carry on only when the public start spending the
for purchasing and
is taken for selling.
will not only utilize the resource available, but
it encourages to bring new stock of goods in the market.
shall roll the
in the market by trading movement.
, As per researcher it was concluded, Indian in the
fiscal year 2019 it carried more business and
has boosted the Indian economy.
On the other hand
, People believing that it might be better If the
is saved. Often people like to retain the
or hoard cash with them. Saving in the
will provide the
to finance it to
in the country which shall be in return invest back in the country.
will ensure adequate finance is available to the businessmen to carry out profitable venture.
, As per Indian economist, It was as certain that in the year 2018 and 2019 there was an increase in
have promoted to the
to finance development project of the government.
In conclusion, People may vary in their opinions, I strongly agree for the people to spend
in the market and to continue rolling cash. Which is beneficial to the economic development of the nation.