It is true that expenditures boost the
of the country. While some
argue that saving and investing financial resources can be good for the
, others assert that spending money may have a conducive effect on the country's well being. In
essay, I will discuss both sides of the argument and explain my support of the former view.
There are many reasons to believe that consumerism positively affects the
start consuming goods and services, producers will have to increase the market supply.
, manufacturers and businesses will hire more employees in order to cater to the demand.
will have more employment opportunities. Alternatively, with less population consumption, businesses may get extinct.
, if all the
stop consuming sugar, it will adversely affect the
and the citizens.
On the other hand
, consumption has negative drawbacks on society and the environment. More specifically,
may buy goods they don't really need, the
iron or fifth bag and soon start throwing away.
As a result
, the environment will be full of waste.
, the accumulation of wealth can be equally good for the
of the country. Funds invested by
in banks can be taken by someone else who needs funds to start a business.
To sum up, both ideologies have some advantages in the longer run. It is difficult to prove that one is better than the other for the
. Even so, I tend to believe that investments can be beneficial for the individual and the government.