Some People Think It Is Better For A Country’s Economy For People To Spend Money While Others Believe It Would Be Better For People To Save Money Discuss both sides and give your opinion.

It is true that expenditures boost the
economy
of the country. While some
people
argue that saving and investing financial resources can be good for the
economy
, others assert that spending money may have a conducive effect on the country's well being. In
this
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
economy
.
Firstly
, when
people
start consuming goods and services, producers will have to increase the market supply.
Consequently
, manufacturers and businesses will hire more employees in order to cater to the demand.
Thus
,
people
will have more employment opportunities. Alternatively, with less population consumption, businesses may get extinct.
For example
, if all the
people
stop consuming sugar, it will adversely affect the
economy
and the citizens.
On the other hand
, consumption has negative drawbacks on society and the environment. More specifically,
people
may buy goods they don't really need, the
third
iron or fifth bag and soon start throwing away.
As a result
, the environment will be full of waste.
However
, the accumulation of wealth can be equally good for the
economy
of the country. Funds invested by
people
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
economy
. Even so, I tend to believe that investments can be beneficial for the individual and the government.

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