The economy is an essential part of every country. Whereas several individuals believe that people should use their money, others state that is more important to have savings. This essay will discuss both sides of the argument in depth.
Spending money is beneficial for a nation´s economy due to the fact that the capital circulates and this cycle benefits everyone. In order for everybody to have a specific amount of richness, the citizens of a country have to invest their savings in goods and services. To illustrate, if a housewife buys groceries, she is not only benefiting the baker but also the green grocer´s. They, in turn, will benefit others. There must be a flux of money due to the fact that all the members of a community are dependent on the others to survive.
On the other hand, saving money is also advantageous for a country given that the people living within it are financially responsible. That is, the lives of the inhabitants are not entirely dependent on the government as a result of their savings available. For example, if families have savings, they could use their cash in case of an emergency or to buy a household. Citizens that are financially responsible are needed in order for a geographic are to thrive.
Money is important part of a society. The economy of a country can flourish either by making social groups use their economic gains or by them keeping them in their house or bank account and utilize them when is most needed. This essay discussed the two views.
The economy is an essential part of every
country
. Whereas several individuals believe that
people
should
use
their
money
, others state
that is
more
important
to have
savings
. This essay will discuss both sides of the argument in depth.
Spending
money
is beneficial for a
nation´s
economy due to the fact that the capital circulates and this cycle benefits everyone. In order for everybody to have a specific amount of richness, the citizens of a
country
have to
invest their
savings
in
goods
and services. To illustrate, if a housewife
buys
groceries, she is not
only
benefiting the baker
but
also
the green
grocer´s
. They, in turn, will benefit others. There
must
be a flux of
money
due to the fact that all the members of a community are dependent on the others to survive.
On the
other
hand,
saving
money
is
also
advantageous for a
country
given
that the
people
living within it are
financially
responsible.
That is
, the
lives
of the inhabitants are not
entirely
dependent on the
government
as a result
of their
savings
available.
For example
, if families have
savings
, they could
use
their cash in case of an emergency or to
buy
a household. Citizens that are
financially
responsible
are needed
in order for a geographic are to thrive.
Money is
important
part of a society. The economy of a
country
can flourish either by making social groups
use
their economic gains or by them keeping them in their
house
or bank account and utilize them when is most needed. This essay discussed the two views.