In many countries, as people are earning more these days they are also spending money in buying more and more items. Do you think it is a positive or negative development?

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It is often asserted that

people

Use synonyms

who are earning lucrative compensation will spend more by buying a lot of items.

Although

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there are certain drawbacks of

this

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trend which are negligible in my opinion, the benefits of

this

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culture are humungous

such

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as improved living standards and economic growth of nations.

To begin

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with, the primary reason to encourage the above-mentioned trend is an enhancement of living standards in society because of the pay hike.

This

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means enhanced earnings not only help the public to showcase their status in society but

also

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encourage them to help others during financial burdens. To illustrate, the latest gesture of Mr Elon Musk to sell some of his Tesla shares to contribute to an old age charity shows his power.

Hence

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, it is evident that

people

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would come forward to share their wealth with needy

people

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in case of emergencies if they earn hefty amounts.

In addition

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this

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people

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being extravagant help to increase the cash flow in the market.

This

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eventually means that there is a spike in the number of financial transactions, which

consequently

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leads to the economical growth of the world. According to the theory of the World Trade Organisation,

for example

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, the rise of share prices is the result of buying and selling of respective goods in the market.

Therefore

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, the nature of increased income and expenditures by

people

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is the resemblance of not only improvement of individuals living standards but

also

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represents the boost of the global economy. In conclusion, a rise in income leads to increased spending in many countries. In my opinion,

this

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phenomenon is a positive development as it helps

people

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to improve citizens lifestyle and they help others if required. Eventually, the increased income leads to a surge in spending which is a symbol of the financial growth of the globe.

eshwar10882Fri Dec 03 2021

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10
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meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

307 words

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In many countries, as people are earning more these days they are also spending money in buying more and more items. Do you think it is a positive or negative development?

Working abroad can help employees earn a great deal of money and gain more benefits. However, some people think this trend has many negative impacts.

Living in a country where you have to speak a foreign language can cause serious social problems, as well as practical problems. To what extent do you agree or disagree with this statement?

Some people think it is a good idea to socialise with work colleagues during evenings and weekends. Other people think it is important to keep working life completely separate from social life. Discuss both these views and give your own opinion.

Some people say that older people should live with their adult children, while others think they should live in homes specially built for old people. Which do you think is a better practice?