Some people think that it is better for a country's economy for people to spend money, while others believe that it would be better for people to save money. Discuss both sides and give your opinion. (2015, 2018, 2020)
Some
people
believe that it is better to spend their Use synonyms
money
rather than save itUse synonyms
,
because it will positively contribute to the local Remove the comma
apply
economy
by expanding the gross national and domestic product of the state and Use synonyms
also
strengthening the country's Linking Words
currency
. At the same time, other Use synonyms
people
are convinced that for Use synonyms
people
it is better to preserve their financialsUse synonyms
,
since the population will be able to buy more costly belongings in the long term, Remove the comma
apply
however
saving Linking Words
money
has many disadvantages. In my opinion, it is better to invest the capital.
On the one hand, from the economic point of view, it is better for the population to spend as much Use synonyms
money
as possible, because it will expand the size of the country's GDP and GNP. Use synonyms
People
buy goods from Use synonyms
businesses
and correspondingly support domestic production, Use synonyms
therefore
Linking Words
businesses
expand their manufacturing abilities and produce more. Use synonyms
Thus
, the economic pie of a country widens, making Linking Words
people
wealthier in the long term. Use synonyms
Moreover
, Linking Words
people
's spending contributes to the Use synonyms
overall
turnover of the Linking Words
currency
inside the state, which makes the local Use synonyms
currency
more strong and operated in comparison with others, so it strengthens domestic economic conditions as well.
Use synonyms
On the other hand
, saving Linking Words
money
is Use synonyms
also
an option, Linking Words
however
, it only allows one to buy a certain expensive good or a service and does not contribute to the bigger picture. Linking Words
For example
, Linking Words
people
are prone to preserve their financials in order to purchase cars, houses or other property. Use synonyms
This
attitude has lots of drawbacksLinking Words
,
because Remove the comma
apply
such
factors as inflation and a drop of Linking Words
currency
's value will eventually decrease the value of the preserved capital. Use synonyms
Therefore
, for Linking Words
people
, it is better to either invest their capitalUse synonyms
,
or to spend it immediately.
In my own view, for everyone, it is better to allocate financial resources to investments Remove the comma
apply
such
as assets and shares. It both contributes to the domestic Linking Words
economy
and allows Use synonyms
people
to expand their purchasing ability. Use synonyms
For example
, Linking Words
people
can invest in local Use synonyms
businesses
by buying their shares and stocks, so Use synonyms
businesses
will develop and Use synonyms
people
receive more banknotes in return.
In conclusion, immediate spending of the income contributes to the domestic economies and private sector, so the economic pie widens and the Use synonyms
economy
obtains benefits. Use synonyms
People
who save their wages are able to buy a certain expensive good in the future, Use synonyms
however
, they might face inflation and struggle. For me, the most effective method is to allocate financial resources to the investments, since it brings mutual benefit for every participant in the Linking Words
economy
.Use synonyms
Submitted by akylov.a on
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To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).
For we to consider an essay structure a great one, it should be looking like this:
- Paragraph 1 - Introduction
- Sentence 1 - Background statement
- Sentence 2 - Detailed background statement
- Sentence 3 - Thesis
- Sentence 4 - Outline sentence
- Paragraph 2 - First supporting paragraph
- Sentence 1 - Topic sentence
- Sentence 2 - Example
- Sentence 3 - Discussion
- Sentence 4 - Conclusion
- Paragraph 3 - Second supporting paragraph
- Sentence 1 - Topic sentence
- Sentence 2 - Example
- Sentence 3 - Discussion
- Sentence 4 - Conclusion
- Paragraph 4 - Conclusion
- Sentence 1 - Summary
- Sentence 2 - Restatement of thesis
- Sentence 3 - Prediction or recommendation
Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.