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Band 7.5

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.

#people #country’s #economy #money
Many people argue that spending or saving is good for the country's
economy
. While there are benefits to save
money
, I would believe that people should spend
money
 for a reason. On the one hand, saving
money
 is important to the
economy
 of each country.
Firstly
, Savings will be used to deal with undesirable situations
such
 as default or economic recession. When these situations occur, people can easily solve them without causing serious consequences for the
economy
.
Secondly
, when people deposit savings in the bank, the bank will have the capital to lend to individuals and businesses. By doing so, they will improve productivity, increase investment to make profits and the
economy
 will grow.
On the other hand
, there is a ground for the belief that the spending is vital for the growth of the nations. The stability of the
economy
 is measured by means of Gross Domestic Product, which is called GDP in short. Consumption is required to increase
this
 factor as increased usage by people increases the demand, which in turn give a rise in production which means higher GDP.
For instance
, if the demand for the product or the service increases, it is manufacturing increases, which give employment to many which again increases the spending giving rise in demand.
Therefore
, the more people spend, the higher GDP is, which leads to the development of the
economy
. In conclusion, while it seems to me that the advantages of saving
money
 is obvious, spending
money
 is the better choice.
Submitted by Đức Long trinh on

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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