In many countries around the world, shopping has turned into a form of entertainment rather than a way of getting what people need. Discuss the reason for this trend. Is it a positive or negative development.

Nowadays purchasing things has become a past time for many

people

around the globe

instead

of looking to acquire what we need the most.

This

essay will discuss why shopping is seen as entertainment and in my opinion, there are more negative aspects when compared to the positives. On the one hand, purchasing power has become a time to refresh when compared to ancient times where

people

purchased only to fulfil the requirements. We can see

this

as a positive shift in the attitudes as the country’s economy keeps flowing. To illustrate, in recent times during pandemic there has been a massive surge in consumer spending which sparked the Australian economy to get back on track as per reports released by the Reserve bank.

Moreover

, banks lend more

money

in the forms of EMI, credit cards to indirectly lure to spend more

money

and

also

build schemes to repay back the

money

at a later time. By

this

considerable amount in spent without hesitating to purchase availing

this

option.

Hence

, spending has become entertainment compared to olden times.

On the other hand

, impulsive shopping has become a detrimental trend that might leave with

a myriad consequences

Correct the article-noun agreement

myriad consequences

a myriad consequence

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.

People

obtain and spend enormous amounts of

money

on unnecessary items leaving them broke by not saving for later important investments.

This

has become a dangerous shift in the attitudes of the

people

spending over the limit not securing a better future. To exemplify, according to the latest reports from the department of consumer spending it has been stated that more than 80% of the youngsters have borrowed

money

from financial institutions to purchase products beyond their ability.

This

graph has rapidly increased in recent years in unwanted purchases. To conclude,

although

spending and purchasing are seen as a positive inclination in keeping the country’s economy running financial discipline

as

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apply

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to be maintained to pave the safest path in securing a bright future.