Independent work 1: Opinion essay

Independent work 1: Opinion essay

Do you think people spend more money today than they did before? Why/why not? Support your opinion with relevant examples?

There's no question that people are more well off as compared to the past these days, and they are investing more cash on shopping.In my opinion, This slant is certainly true on the portion of an person as they spend their hard-earned cash on buying unnecessary stuff. Because it may typically unarguably useful for a nation since it fortifies a nation's economy.

Taking into thought of investing cash, when individuals tend to have additional riches in their hands, they regularly lean toward to go on a shopping spree in lieu of sparing that cash for restorative crises. As a result, they conclusion up buying such things which they barely use. Numerous working professionals, for occasion, adore to misuse cash on state-of-the-art smartwatches to create a great impression on their colleagues. All things considered, when they confront wellbeing care crises, such as cancer, they don't have sufficient investment funds since such medicines are very costly.

Considering on nations' economy, consumerism is considered as the driving drive behind an economy. In other words, customer investing would increment the requests which would be adapted up by introducing modern fabricating units and businesses. This would not as it were increment the assess income but also offers more work openings. Resultantly, nations' developing markets would be boosted. Later considers have appeared that there's a positive relationship between a country's economy and citizens' shopping propensities.

In conclusion, in spite of the fact that people tend to misuse cash on non-useful things, in my perspective, its instrumental part in a country's economy cannot be denied. In the event that a nation had budgetary insecurities, citizens would live uncontended and down and out lives.