tham khảo:
Topic:
People in many countries today are encouraged to buy and more consumer
products. Some people think that this development is good for the
economy, while others think that it is very bad for society as a whole.
Discuss both these views and give your opinion.
Discuss both these views and give your opinion.
Consumers
now, through an increasingly more materialistic mentality along with
mass marketing and sophisticated targeted and viral marketing, are
encouraged to buy more. There is a pervasive anxiousness from some about
the adverse impacts of this trend on individuals and society as a
whole, while others claim that this development, from an economic and
business perspective, instead brings a great array of long term benefits
that can filter down to the individual level.
Analysing
this issue from an economic basis shows a clear positive cycle linking
national economic growth and business development to higher standards of
living for all in society. Firstly, if a greater demand for products is
stimulated through the media via different forms of advertising, then
manufacturers and producers will aim to meet this market need in the
production of more goods. This then results in job growth, a greater
range of employment options, and possibly higher job earnings for
individuals in all industry levels. If a person has a higher earning
potential than they have greater personal spending power and a greater
amount of domestic spending, which is clearly good for the
economy, along with greater prosperity for individuals are the final
results.
This
trend of consumerism, however, does have its obvious downsides.
Advertising permeates every facet of our lives through various direct
and more subliminal means in the media. For some, a negative cycle of
borrowing and spending, in the end leading to a debt trap, can have
detrimental impacts on their lives. Though it is worth pointing out that
overspending and an overly materialistic mindset does not affect the
majority of people in our community, and for most individuals, addictive
spending tendencies can be managed.
From
the issues outlined above, one can conclude that there is stronger
evidence in favour of economic and societal benefits of encouraging
people to buy increasingly more products. Uncontrolled spending and debt
are negative consequences of this trend which only affect a small
percentage of the population that cannot escape from the downward spiral
of this spending trap.
(339 words) - This is a sample of a band 9.
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