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.

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Nowadays purchasing things has become a past time for many
people
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around the globe
instead
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of looking to acquire what we need the most.
This
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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
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purchased only to fulfil the requirements. We can see
this
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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
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, banks lend more
money
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in the forms of EMI, credit cards to indirectly lure to spend more
money
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and
also
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build schemes to repay back the
money
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at a later time. By
this
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considerable amount in spent without hesitating to purchase availing
this
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option.
Hence
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, spending has become entertainment compared to olden times.
On the other hand
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, impulsive shopping has become a detrimental trend that might leave with
a myriad consequences
Correct the article-noun agreement
myriad consequences
a myriad consequence
show examples
.
People
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obtain and spend enormous amounts of
money
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on unnecessary items leaving them broke by not saving for later important investments.
This
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has become a dangerous shift in the attitudes of the
people
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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
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from financial institutions to purchase products beyond their ability.
This
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graph has rapidly increased in recent years in unwanted purchases. To conclude,
although
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spending and purchasing are seen as a positive inclination in keeping the country’s economy running financial discipline
as
Verify preposition usage
apply
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to be maintained to pave the safest path in securing a bright future.
Submitted by karthikaare27 on

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Topic Vocabulary:
  • Retail therapy
  • Consumerism
  • Disposable income
  • Gratification
  • Homogenization
  • Commercialization
  • Materialistic
  • Economic stimulus
  • Sustainable consumption
  • Mindless spending
  • E-commerce
  • Market saturation
  • Consumer behavior
  • Globalization of shopping
  • Shopping addiction
  • Debt accumulation
  • Social status
  • Environmental footprint
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