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IELTS Writing Sample - Task 2 Go To Sample
People in developed countries have the tendency to buy more and more things whether they need it or not. Is it a positive or negative development?
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Since, buying capacity of individuals in developed countries are higher than the developing countries, enable them to buy more things which may be a need or a want. Human tendency is to buy more things, when there is more earning capacity. Most of the time individuals buy things which are basically a want.
The new generations are more inclined towards buying things which are having latest trends in any market namely: fashion, clothing, fast food, technology etc. They are more flexible in adopting the latest changes. This increases money circulation in the economy. The market trend goes upwards till there is equilibrium in earning and buying capacity. The Individuals are up to date in their respective market such as investment banking, information technology etc., because of buying things or gadgets or any items, which they like to discover.
It is good to learn and know about the latest trend, market conditions, technology etc. But, I feel that lavish spending attitude & buying unnecessary items doesn’t create any value and it is just a show off. It creates a negative development to the country as well to the family. There are times where people used to buy things when it is needed and save sufficient money for unexpected events and future usages. Such kind of saving attitude is reduced now a days and it is not good trend for the economy or individuals.
For an instance, recent layoff of employees from some of the major aviation industry created a big fuss among the workers and their family. Due to lack of income, lavish spending habits etc., they are unable to pay back the secured loans or unsecured loans. Ultimately the employee fall ill with depression and family members suffer a lot to run normal day to day life.
To conclude, in my opinion, individuals should think twice before buying anything and see whether it is necessary, important and serve the purpose. Such thought process helps them to save more money & also help in building the robust & balanced economy.