It is considered by some that spending help improves a nation economically, while others think that saving money offers additional advantages. Although consumer spending creates new job opportunities, I believe it is essential for a country to save for the future of its citizens.
On the one hand, many think there are obvious economic benefits for a country when its citizens purchase more goods. This is because, when there is an increase in outlay on products and services, a reasonable number of the population becomes gainfully employed. In other words, the spending of one typically becomes the earnings of the other. For instance, many of the current goods manufactured in places like China and sold to Europe and North America require shipping either by land or sea. As a result, more people will be employed in the transport and construction industry, as the warehouses and stores will expand. Also, the government will generate more from tax from the boom in businesses and the global workforce. The revenue generated can be used in other public services like healthcare and education.Thus, it is profitable when people spend rather than save.
On the other hand, a country grows when people save, according to some. On obvious reason for this is that saving offers considerable practical immediate and long-term benefits. As an illustration, the ongoing unprecedented pandemic has caused a significant number of the population, lose their jobs businesses have also closed down. The monies kept as savings serve as stimulus packages to the concerned individuals, which has assisted them to cope with the financial hardships. Moreover, when people save to a greater extent, banks can lend more to firms for investments. Hence, the more savings, the more the available money for investments, the more economic growth.
In conclusion, although there are more job opportunities when people spend, I think a country’s economy stands a better chance to progress if the citizens are encouraged to save.
- In some cultures children are often told that they can achieve anything if they try hard enough What are the advantages and disadvantages of giving children this message 78
- Some people consider art to be essential and others think it is not Which view do you agree with and why Give reasons for your answer and include any relevant examples from your own knowledge or experience 73
- Some people think that they can make as much noise as they want while others think that the amount of noise people make should be strictly controlled 83
- The charts show the qualities employers and employees think are important in job seekers Summarise the information by selecting and reporting the main features and make comparisons where relevant Give reasons for your answer and include any relevant examp 89
- Countries are becoming more and more similar because people are able to buy the same products anywhere in the world Is it a positive or negative development 82
Grammar and spelling errors:
Line 6, column 815, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Thus
... services like healthcare and education.Thus, it is profitable when people spend rat...
^^^^
Transition Words or Phrases used:
also, hence, if, moreover, so, thus, while, for instance, i think, in conclusion, as a result, in other words, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 11.0 13.1623246493 84% => OK
Auxiliary verbs: 5.0 7.85571142285 64% => OK
Conjunction : 9.0 10.4138276553 86% => OK
Relative clauses : 10.0 7.30460921844 137% => OK
Pronoun: 14.0 24.0651302605 58% => OK
Preposition: 34.0 41.998997996 81% => OK
Nominalization: 7.0 8.3376753507 84% => OK
Performance on vocabulary words:
No of characters: 1704.0 1615.20841683 105% => OK
No of words: 322.0 315.596192385 102% => OK
Chars per words: 5.29192546584 5.12529762239 103% => OK
Fourth root words length: 4.23607819155 4.20363070211 101% => OK
Word Length SD: 2.93352531483 2.80592935109 105% => OK
Unique words: 186.0 176.041082164 106% => OK
Unique words percentage: 0.577639751553 0.561755894193 103% => OK
syllable_count: 536.4 506.74238477 106% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Article: 10.0 2.52805611222 396% => Less articles wanted as sentence beginning.
Subordination: 8.0 2.10420841683 380% => Less adverbial clause wanted.
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 6.0 4.76152304609 126% => OK
Performance on sentences:
How many sentences: 16.0 16.0721442886 100% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 29.6244725691 49.4020404114 60% => The essay contains lots of sentences with the similar length. More sentence varieties wanted.
Chars per sentence: 106.5 106.682146367 100% => OK
Words per sentence: 20.125 20.7667163134 97% => OK
Discourse Markers: 8.0 7.06120827912 113% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 12.0 8.67935871743 138% => OK
Sentences with negative sentiment : 1.0 3.9879759519 25% => More negative sentences wanted.
Sentences with neutral sentiment: 3.0 3.4128256513 88% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.358070128075 0.244688304435 146% => OK
Sentence topic coherence: 0.110309961015 0.084324248473 131% => OK
Sentence topic coherence SD: 0.0798677601229 0.0667982634062 120% => OK
Paragraph topic coherence: 0.232840410217 0.151304729494 154% => OK
Paragraph topic coherence SD: 0.0457452045305 0.056905535591 80% => OK
Essay readability:
automated_readability_index: 13.6 13.0946893788 104% => OK
flesch_reading_ease: 42.72 50.2224549098 85% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 12.3 11.3001002004 109% => OK
coleman_liau_index: 13.4 12.4159519038 108% => OK
dale_chall_readability_score: 9.43 8.58950901804 110% => OK
difficult_words: 98.0 78.4519038076 125% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 14.0 10.7795591182 130% => OK
What are above readability scores?
---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 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.