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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The importance of spending
money
on
items
. Which was always debatable has now become more controversial with many
people
are earning more salary as well as they spend funds in buying more and more things in my opinion, it has not only positive development but
also
a few demerits of
this
trends .
This
essay will
further
elaborate on my viewpoint on
this
trend. On the one hand,there are many merits of the Earth is said but the
first
and foremost one is that economic growth of nations.
This
is because
money
spends on an item by humans.
That is
why the to cycle will run from
this
activity.
For instance
, if a person would earn a good salary , a person does not spend
money
on buying things,
therefore
,that does not circulate in the economic cycle
as a result
economic growth would be stopped for countries. Apart from
this
is another positive is that a government can earn some text from
this
Trend.
This
is going to government apply some tax on buying
this
is why
people
bought these
items
and human are paying tax.
However
, there are some negative of
this
Trend. The
first
one is that
people
can or do not plan financial planning.
This
is because they earn
money
and
people
as finding that all
money
on
items
what they want
that is
why they have not enough funds for saving. For ,example
people
total spend all salary on
items
so they are they do not
have
Add the particle
tohave
show examples
retire
Replace the word
retirement
show examples
funds
as well as mankind
Add the comma(s)
, as well as mankind,
show examples
does have not enough
money
for some medical emergency. To conclude
although
there are married to reason
also
spending cash because it is a vital part of the economy there is some problem faced by
population
Add an article
the population
a population
show examples
who spend all their capital on buying
items
. we cannot ignore
this
negative point.
Submitted by mp960021 on

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