Nowadays, celebrities earn more money than politicians. What are the reasons of this? Is it a positive or negative development?

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These days
celebrities
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are much wealthier than
politicians
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.
Basically
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,Basically
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this
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could be due to the huge demand
celebrities
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are currently having now from different fields and it is obviously considered to be a good trend for society.
Celebrities
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earn from different sources. The major source is the field they are working.
This
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might be either from industries
such
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as Music, Film or even sport. Today all these industries have a sharp positive trend of development and
therefore
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, a significant amount of funds is being pumped to cater for the demand and harness the business opportunities.
Hence
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there is a tremendous demand for
celebrities
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to take part in
such
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events.
As a result
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of it, millions of money are available and being paid for them for their
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first class
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first-class
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services.
In addition
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, the use of
celebrities
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for TV commercials is another significant source of flowing money for them. As an example, some sports
celebrities
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are paid in multi-millions even for 30 seconds
TV
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of TV
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commercials or
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maybe
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may be
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maybe
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for attending special functions.
This
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is obviously to be considered a positive development. It will be quite surprising if
politicians
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can earn more than
celebrities
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. If
that is
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the case,
the
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apply
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such
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wealth can not be generated from fair sources, but from a corrupted way like briberies or unlawful commissions.
Such
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examples are always common to see in developing countries where
politicians
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are extraordinarily wealthier than other common people.
Hence
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stars becoming richer than
politicians
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means a proper system is in place to avoid corruption.
Moreover
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, the contribution of these
celebrities
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to society has many benefits which come as tax or donations. The more they can earn themselves, the more governments can
tax
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themtax
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.
Therefore
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ultimately some potion of earnings will be flown to the common people. In summary, it is evident that the earnings of
celebrities
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are way ahead of
politicians
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.
This
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is primarily from the sources of their individual industries and TV commercials.
As a result
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, it is considered
being
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apply
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a positive development since it has multiple benefits for society as well.
Submitted by maheshweee on

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Topic Vocabulary:
  • endorsements
  • revenue streams
  • global presence
  • diversified branding
  • income sources
  • free-market principles
  • market value
  • government budgets
  • public funds
  • public perception
  • value generation
  • bureaucratic
  • consumer spending
  • economic implications
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