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?
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
retire
fundsReplace the word
retirement
as well as mankind
does have not enough Add the comma(s)
, as well as mankind,
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
who spend all their capital on buying Add an article
the population
a population
items
. we cannot ignore this
negative point.Submitted by mp960021 on
Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.
Ultimate Speaking practice for IELTS
Practice speaking step by step, answer real-life questions, and build your confidence. Start your free trial and improve your speaking skills today!