In recent years, many small local shops have closed because customers travel to large shopping centres or mall to do their shopping. Is this a positive or negative development?
In
this
modern society, the way of shopping has been altered dramatically. The inclination of the consumers towards the mega-mall culture has eradicated the local vendors from the market. Such
development will impart negative effects to the society in the long term.
To begin
with, the mall-shopping culture is provoking the customers to the materialism, which is the predominant hazardous effect. The availability of the innumerable choices is influencing a layman for the exorbitant consumption. Although
, such
practices would improve the standards of living, the community will suffer from a high rate of inflation. For instance
, the soaring prices of the commodity are observed in the urban area, as compared to the rural area; due to excessive utilization of malls in urban region. Thus
, the mall shopping, culture has a long term alarming effect.
Furthermore
, the local shops are the key element of the domestic economy. Due to the faded local shops, the consumption of local products will be declined, as well as the economic problems, such
as unemployment and inflation will emerge. Consequently
, these patterns of shopping might bring the unsustainable development of the society. For instance
, the survey conducted by the economists had revealed that, in developing countries the economic problems had been elevated due to the new shopping pattern of the customers instead
of the local market. Therefore
, the local shops should be preserved for a healthy economy.
To conclude, the diversity in the shopping habits of the people is crucial factor for the development of communities. The recent trend of the shopping in the malls brings not only the local productivity crises, but also
led the people towards the consumerism. The government should form the fiscal and monetary policies to preserve the local shops in this
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