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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
A major portion of the
economy
 of a country thrives by the goods and services which are produced and utilised by the people. While some people believe that it is vital for them to be extravagant for the benefit of the
economy
, others believe that reserving that
money
 is more beneficial for the
economy
. In
this
 essay, we will analyse both sides of the view and will eventually conclude that in my opinion, I feel reserving
money
 is far more crucial in the long run. On the one hand, a significant number of communities think that spending
money
 is a great way for the betterment of the
economy
. Indeed, If a nation will spend more funds on goods and services, Companies will be forced to manufacture more products and will only benefit a country’s
economy
. In India,
for instance
, Inhabitants have started purchasing new lavish cars in the 21st century. It has helped them to revive from the economic crisis due to the recession in early 2000. For the above reason, the spending power of people will definitely prosper the
economy
.
On the other hand
, Others think that saving
money
 is a better alternative. To illustrate, saving
money
 in both formal and informal ways is only going to benefit a country by building a liquid cash reserve that can be used during crises
such
 as pandemics and recessions. To illustrate,
Although
 the USA's
economy
 severely struggled during the recession in 2008 because of its huge dependency on debts, at the same time countries like India and Pakistan had the least effect on their
economy
 due to rich informal income.
Therefore
,
This
 way of saving generates a robust
economy
. To summarise, Even though a lot of the community feel that being a free-spender is crucial for the needed boost of the
economy
, others have an opinion that saving salary is a better idea. Personally, in my opinion, I firmly believe that reserving wealth is a far better approach as it will be sustainable for a long period of time and will provide cushioning during difficult times ahead.
Submitted by niksmd1991 on

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To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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