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
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on
items
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. Which was always debatable has now become more controversial with many
people
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are earning more salary as well as they spend funds in buying more and more things
in my opinion
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, in my opinion,
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it has not only positive development but
also
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a few demerits of
these trend
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this trend
these trends
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. That essay will
further
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elaborate
my
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on my
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Correct your spelling
viewpoint
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view point
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viewpoint
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of direction. On the one
hand
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,hand
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there are many merits of the Earth is said but the
first
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and foremost one is that economic growth of nations. It is
main
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the main
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reason why
money
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spent
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is spent
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on an item by
human
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humans
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Thus
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,
economic
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the economic
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cycle will run from it.
For instance
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, if
person
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a person
the person
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would earn while salary a do not spend
money
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in
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on
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a
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apply
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buying things that for that
money
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and
not
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does not
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circulate in
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the economy
an economy
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economy
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economic
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cycle
as a result
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economic growth would be stopped for countries. Apart from it is another positive is that a government can earn some text from that trend. It is going to government apply some tax on buying so why
people
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bought these
items
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and human are paying tax.
However
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, there are some negative of that trend. The
first
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one is that
people
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can or
not
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do not
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a
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apply
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plan financial planning.By
this
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, they earn
money
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, as well as
people
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,
people
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spend that all
money
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on
items
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what they want so they
have
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do have
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not enough funds for saving.
For example
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,
people
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total spend all salary on
items
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so they are they
they
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apply
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have
not
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tonot
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retire fund as well as mankind have not enough
money
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for some medical emergency. To conclude
although
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there are many reasons why spending
money
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because it is a vital part of
economy
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the economy
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there
are
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is
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some
problem
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problems
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faced by
people
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who spend the all
money
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in
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on
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a
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apply
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buying
items
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. we cannot ignore
this
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a
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as a
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negative point.

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