Nowadays some countries encourage people to buy more and more products, while others believe it is bad for the society. Discuss both and give your opinion.
In recent years, there has been considerable debate around whether it is beneficial or detrimental to the country if the government promotes the consumption of goods. As both viewpoints have merits, all things considered, I am in favor of the government’s decision to boost consumption only as a means to mitigate economic shocks.
On the one hand, critics of consumerism claim that the acquisition of goods and services in increasing amounts leads to moral degradation. In other words, people value the ability to purchase goods and services more than their morals. For example, some crimes such as fraud, insider trading, embezzlement, and bribery, have increased since the last couple of decades. In most cases, perpetrators of these crimes are not driven by poverty but greed: they do not need the money but simply want more of it. Additionally, excessive consumption of goods put immense burdens on the environment. For instance, millions of chickens and pigs were slaughtered every day just so that fast-food chain restaurants can serve people heart-attack and obesity. Moreover, the carbon dioxide produced by animal agriculture and transportation then causes the melting of Antarctic icebergs.
On the other hand, advocates of the government’s effort to boost consumption state that, economically, consumption can drive up the aggregate demand and supply which consequently increases the GDP. As we can see, the central bank lowers interest rate so that consumers could be more confident to take out a mortgage on a house during the economic downturn; the government issues taxes rebate so that car owners can switch their old cars for new fuel-efficient cars at a discounted price. Aside from increasing GDP, more consumption encourages innovation as there will be more suppliers and competition in the market.
To summarize, consumerism has its vices and virtues. However, as an economics student, I firmly believe that the high unemployment rate and low consumer confidence caused by a recessed or even depressed economy are extremely unhealthy to society and interventions are necessary. Therefore, I am of the opinion that the government’s encouragement of consumerism is beneficial during the economic downturn.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-10-11 | lauren.z2019 | 89 | view |
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Grammar and spelling errors:
Line 11, column 520, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ounted price. Aside from increasing GDP, more consumption encourages innovation a...
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Line 15, column 87, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...rtues. However, as an economics student, I firmly believe that the high unemploym...
^^
Transition Words or Phrases used:
but, consequently, however, if, moreover, so, then, therefore, for example, for instance, such as, in most cases, in other words, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 9.0 13.1623246493 68% => OK
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 15.0 10.4138276553 144% => OK
Relative clauses : 8.0 7.30460921844 110% => OK
Pronoun: 18.0 24.0651302605 75% => OK
Preposition: 43.0 41.998997996 102% => OK
Nominalization: 21.0 8.3376753507 252% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1912.0 1615.20841683 118% => OK
No of words: 347.0 315.596192385 110% => OK
Chars per words: 5.51008645533 5.12529762239 108% => OK
Fourth root words length: 4.31600926901 4.20363070211 103% => OK
Word Length SD: 3.26269077756 2.80592935109 116% => OK
Unique words: 220.0 176.041082164 125% => OK
Unique words percentage: 0.634005763689 0.561755894193 113% => OK
syllable_count: 596.7 506.74238477 118% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 3.0 2.52805611222 119% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 7.0 4.76152304609 147% => OK
Performance on sentences:
How many sentences: 15.0 16.0721442886 93% => OK
Sentence length: 23.0 20.2975951904 113% => OK
Sentence length SD: 56.2727484865 49.4020404114 114% => OK
Chars per sentence: 127.466666667 106.682146367 119% => OK
Words per sentence: 23.1333333333 20.7667163134 111% => OK
Discourse Markers: 9.8 7.06120827912 139% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 8.0 8.67935871743 92% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.153361510235 0.244688304435 63% => OK
Sentence topic coherence: 0.0454781082173 0.084324248473 54% => OK
Sentence topic coherence SD: 0.0465523054725 0.0667982634062 70% => OK
Paragraph topic coherence: 0.0766956571557 0.151304729494 51% => OK
Paragraph topic coherence SD: 0.0326718345077 0.056905535591 57% => OK
Essay readability:
automated_readability_index: 16.1 13.0946893788 123% => OK
flesch_reading_ease: 39.67 50.2224549098 79% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 13.4 11.3001002004 119% => OK
coleman_liau_index: 14.97 12.4159519038 121% => OK
dale_chall_readability_score: 9.87 8.58950901804 115% => OK
difficult_words: 112.0 78.4519038076 143% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 11.2 10.1190380762 111% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
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Rates: 89.8876404494 out of 100
Scores by essay e-grader: 8.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.