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 side and give your opinion?
Although
certain individual think that it is optimum for economic development of nation if people spend Linking Words
money
. Others believe Use synonyms
that is
shall be better for individuals to save Linking Words
money
. In my opinion, I support the former notion of spending Use synonyms
money
because trade activity.
On the one hand, people thinking of spending Use synonyms
money
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 Use synonyms
money
for purchasing and Use synonyms
accordingly
Linking Words
money
is taken for selling. Use synonyms
This
will not only utilize the resource available, but Linking Words
also
it encourages to bring new stock of goods in the market. Linking Words
This
shall roll the Linking Words
money
in the market by trading movement. Use synonyms
For instance
, As per researcher it was concluded, Indian in the Linking Words
last
fiscal year 2019 it carried more business and Linking Words
this
has boosted the Indian economy.
Linking Words
On the other hand
, People believing that it might be better If the Linking Words
money
is saved. Often people like to retain the Use synonyms
money
in the Use synonyms
bank
or hoard cash with them. Saving in the Use synonyms
bank
will provide the Use synonyms
bank
to finance it to Use synonyms
capitalist
in the country which shall be in return invest back in the country. Suggestion
capitalise
Hence
Linking Words
this
will ensure adequate finance is available to the businessmen to carry out profitable venture. Linking Words
For example
, As per Indian economist, It was as certain that in the year 2018 and 2019 there was an increase in Linking Words
bank
deposits and Use synonyms
this
have promoted to the Linking Words
bank
to finance development project of the government.
In conclusion, People may vary in their opinions, I strongly agree for the people to spend Use synonyms
money
in the market and to continue rolling cash. Which is beneficial to the economic development of the nation.Use synonyms
Submitted by finewahab on
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