Nowadays, there has been an ongoing argument that to stimulate the economy, every country should produce much more merchandise. From my perspective, I advocate for this idea except in several particular cases.
I believe that this idea brings a plethora of merits for the economy to flourish. First, since creating more products requires much more workforces for industry, thereby creating more and more jobs for the jobless, which in turn decreasing the jobless rates. Indeed, this idea is enormously meaningful to not only society but also the economy because of reducing subsidies for financially supporting the unemployed. Second, this idea also gives the merchants a variety of options to choose their desired garments with a better price or quality. That means the monopoly in a particular area is no longer anymore; thus, the cost becomes lower than ever.
Apart of advantages I mentioned above, I also think that this idea still has some demerits for enterprises. In virtue of having more products, companies take higher risks, which means that they lose more money for campaigns or adverts to get access to their potential customers. If all of goods could not be sold out, it will be a burden for the economy due to impacting negatively on the revenue. This idea, therefore, should be applied in a proportionate rate to keep the remain products at the minimum threshold. In reality, the economy of USA and its neighbor collapsed because the provision overtook the needs.
To sum up, although both the unemployed and the customers benefit from this idea, it still considers as a problem for the economy in the case the goods are not sold totally.
Nowadays, there has been an ongoing argument that to stimulate the
economy
, every country should produce much more merchandise. From my perspective, I advocate for this
idea
except in several particular cases.
I believe that this
idea
brings a plethora of merits for the
economy
to flourish.
First
, since creating more products requires much more
workforces
for industry, thereby creating more and more jobs for the jobless, which in turn decreasing the jobless rates.
Indeed
, this
idea
is
enormously
meaningful to not
only
society
but
also
the
economy
because
of reducing subsidies for
financially
supporting the unemployed. Second, this
idea
also
gives the merchants a variety of options to choose their desired garments with a better price or quality. That means the monopoly in a particular area is no longer anymore;
thus
, the cost becomes lower than ever.
Apart of
advantages I mentioned above, I
also
think
that this
idea
still
has
some
demerits for enterprises. In virtue of having more products,
companies
take higher
risks
, which means that they lose more money for campaigns or adverts to
get
access to their potential customers. If all of
goods
could not
be sold
out, it will be a burden for the
economy
due to impacting
negatively
on the revenue. This
idea
,
therefore
, should
be applied
in a proportionate rate to
keep
the remain
products at the minimum threshold. In reality, the
economy
of USA
and its neighbor collapsed
because
the provision overtook the needs.
To sum up, although both the unemployed and the customers benefit from this
idea
, it
still
considers as a problem for the
economy
in the case the
goods
are not sold
totally
.