Several people thought that spending is necessary for the improvement of a country’s economy whereas some people argued that saving money is more beneficial. In my personal opinion, both factors are vital in boosting the economy, however, people should practice the sense of equality or balance in accordance with their needs and the nation.
Arguably, people work hard and purchase everything they needed so as to improve their daily living. Through this, they can fulfill their necessities and helps in improving the economy. As a matter of fact, the consumer spending accounts for about 70% in the economy of a certain nation, meaning, as people continuously use their money to purchase commodities, the companies also increase their production per demand. As a result, there will be an increase in economic value, leading in a successful economy.
On the other hand, there are still people choosing to save for their future. But unknowingly, in some ways, people’s saving is vital to the whole country. For instance, a buoyant businessman deposits enormous sums of money in the bank as a savings account. The deposited money is then utilized by the bank in lending loans especially in large companies, which is used for more investments. Therefore, the more investment will enhance a booming economy.
Finally, in my opinion, the country’s economy is benefited by people’s saving and spending, however, in a certain degree it causes harm, thus balance is useful. In terms of spending, when it has been fueled by credit cards, people will end up in huge debts caused by irresponsible use. With regards to saving, when people are too focus to save money on the cost of consumption, the economy will also harm. In others words, if there is no consumers demand of a product, companies have no choice but to close due to bankruptcy, resulting in low income and lose jobs.
To sum up, saving and spending fulfill the individuals and economy needs. However, too much in both ways will dangerously lead to unnecessary things, so, everyone should know when to spend and save for the sake of the whole. It is just a matter of balancing things in proper way.
- Some people think that the best way to run a business is within the family.What are the advantages and disadvantages of a family run business? 78
- Small businesses should avoid recruiting young women who do not have their own family in order to avoid paying maternity leave later on To what extent do you agree or disagree 81
- Some people think that it is better for a country s economy for people to spend money while others believe that it would be better for people to save money Discuss both sides and give your opinion 79
Grammar and spelling errors:
Line 1, column 170, Rule ID: PERSONAL_OPINION_FRIENDSHIP[1]
Message: Use simply 'opinion'.
Suggestion: opinion
... saving money is more beneficial. In my personal opinion, both factors are vital in boosting the...
^^^^^^^^^^^^^^^^
Line 3, column 64, Rule ID: SO_AS_TO[1]
Message: Use simply 'to'
Suggestion: to
...ard and purchase everything they needed so as to improve their daily living. Through thi...
^^^^^^^^
Line 7, column 337, Rule ID: TOO_TO[1]
Message: Did you mean 'to focus'?
Suggestion: to focus
...With regards to saving, when people are too focus to save money on the cost of consumptio...
^^^^^^^^^
Line 7, column 437, Rule ID: THERE_S_MANY[4]
Message: Did you mean 'there are no consumers'?
Suggestion: there are no consumers
...omy will also harm. In others words, if there is no consumers demand of a product, companies have no ...
^^^^^^^^^^^^^^^^^^^^^
Transition Words or Phrases used:
also, but, finally, however, if, so, still, then, therefore, thus, whereas, as to, for instance, as a matter of fact, as a result, in my opinion, to sum up, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 14.0 13.1623246493 106% => OK
Auxiliary verbs: 8.0 7.85571142285 102% => OK
Conjunction : 11.0 10.4138276553 106% => OK
Relative clauses : 6.0 7.30460921844 82% => OK
Pronoun: 16.0 24.0651302605 66% => OK
Preposition: 52.0 41.998997996 124% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 1823.0 1615.20841683 113% => OK
No of words: 361.0 315.596192385 114% => OK
Chars per words: 5.04986149584 5.12529762239 99% => OK
Fourth root words length: 4.35889894354 4.20363070211 104% => OK
Word Length SD: 2.80777951703 2.80592935109 100% => OK
Unique words: 198.0 176.041082164 112% => OK
Unique words percentage: 0.548476454294 0.561755894193 98% => OK
syllable_count: 569.7 506.74238477 112% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 7.0 2.52805611222 277% => Less articles wanted as sentence beginning.
Subordination: 6.0 2.10420841683 285% => Less adverbial clause wanted.
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 10.0 4.76152304609 210% => Less preposition wanted as sentence beginnings.
Performance on sentences:
How many sentences: 18.0 16.0721442886 112% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 46.7620717893 49.4020404114 95% => OK
Chars per sentence: 101.277777778 106.682146367 95% => OK
Words per sentence: 20.0555555556 20.7667163134 97% => OK
Discourse Markers: 9.66666666667 7.06120827912 137% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 4.0 5.01903807615 80% => OK
Sentences with positive sentiment : 14.0 8.67935871743 161% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
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: 0.379033998414 0.244688304435 155% => OK
Sentence topic coherence: 0.118528288177 0.084324248473 141% => OK
Sentence topic coherence SD: 0.103865226824 0.0667982634062 155% => OK
Paragraph topic coherence: 0.221535153021 0.151304729494 146% => OK
Paragraph topic coherence SD: 0.0875430112032 0.056905535591 154% => OK
Essay readability:
automated_readability_index: 12.4 13.0946893788 95% => Automated_readability_index is low.
flesch_reading_ease: 51.18 50.2224549098 102% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 12.01 12.4159519038 97% => OK
dale_chall_readability_score: 8.52 8.58950901804 99% => OK
difficult_words: 89.0 78.4519038076 113% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 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.